Why does Starship use methane?
Why does Starship use methane?
SpaceX is focused on developing re-usability technology for their rocket lines. Traditional rocket-grade kerosene produces residue (a process known as “coking”) when it burns. Methane fuel burns cleaner so there is no residue build-up which means engines can be re-used more times without refurbishment.
What is Elon Musk known for?
Elon Musk, (born June 28, 1971, Pretoria, South Africa), South African-born American entrepreneur who cofounded the electronic-payment firm PayPal and formed SpaceX, maker of launch vehicles and spacecraft.
What is Elon Musk doing?
Visionary entrepreneur Elon Musk is the charismatic co-founder of PayPal (PYPL) and Tesla (TSLA), as well as the founder of SpaceX, Neuralink, and The Boring Company. He serves as CEO of Tesla and CEO/lead designer of SpaceX.
What is the business model of SpaceX?
The business model of SpaceX is simple. Space X creates and captures value by charging customers to launch things into outer space. They are able to capture more customers by driving down launch costs.
How has Elon Musk’s SpaceX transformed the space market?
In the 16 years since Elon Musk’s Space Exploration Technologies Corporation – SpaceX – was founded, the company has transformed the commercial space market. It has proven that launch services can be provided at far less cost than previously thought.
What are the biggest challenges facing SpaceX?
But this story isn’t about them, it’s about the structural challenges SpaceX faces as an enterprise. A Dragon spacecraft built by SpaceX approaches the International Space Station with cargo. Commercial market stagnation. The global market for commercial space launches is not big.
What has SpaceX done in 2020?
And in 2020, SpaceX became the first private company to take humans there as well. Click through the timeline above to see some of our milestone accomplishments. Falcon 1 becomes the first privately developed liquid fuel rocket to reach Earth orbit. Dragon becomes the first private spacecraft in history to visit the space station.