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Elon Musk scores a much-needed win with SpaceX launch

SpaceXsuccess-mezzSpaceXsuccess-mezz

SpaceXsuccess-mezz

Space Exploration Technologies Corp., or SpaceX, came up with a new commercial satellite for Telesat from Florida, marking the rocket company’s 16th mission of 2018, two years of non-stopped achievements.

The launch, the 16th successful mission of about 30 aimed this year, is a bright spot in an otherwise tumultuous very few months for chief executive officer Elon Musk, who is one of the heads of Tesla Inc. Musk has had a worse time since his spur-of-the-moment tweet about expressing the carmaker private, only to drop the idea a little more than two weeks long amid criticism, shareholder lawsuits, as well as an investigation by federal regulators.

Past month in a New York Times interview , Musk explained the past year as “excruciating,” seen to be arise by emotion, as well as defended his use of the prescription sleep aid Ambien. Past week, Musk came live on comedian Joe Rogan’s 2 1/2-hour podcast, during which he sipped whiskey.Moreover, he took a drag from what Rogan briefly described as a blunt containing tobacco mixed with marijuana.

Falcon 9

On this Monday, the Falcon 9 rocket lifted off from Space Launch Complex 40 which was located at Cape Canaveral Air Force Station at about 12.45am local time. The rocket deployed the Telstar 18 Vantage satellite, which will enhance upon communications services in Southeast Asia, Mongolia, Australia.

Musk founded SpaceX in 2002 and the company remains very closely held. Musk owns a maximum stake, alongside investors such as Google, Fidelity Investments, and Founders Fund as per the report on July. The company’s valuation has increased to about $28 billion, making it the third-most valuable venture-backed setup in the US after Uber Technologies Inc. as well as Airbnb Inc.

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