The system can help prevent a Challenger like disaster by separating the astronaut-carrying capsule from a burning rocket.
After rumors floated for a week regarding Google investing in SpaceX, the information has become official. Google and Fidelity investment are investing $1 billion in SpaceX, the company announced Tuesday.
Google might be ready to invest "very big" in Elon Musk founded SpaceX, according to a new report. The Space Exploration Technologies Corporation (SpaceX) is valued above $10 billion.
SpaceX, the private space company founded and owned by Elon Musk, successfully delivered a load of supplies to the International Space Station, but failed to land the rocket on a floating platform on its return to Earth.
Elon Musk, the entrepreneur behind the online payment service PayPal, electric car company Tesla Motors and private space company SpaceX has found himself the target of lawsuits over illegal and unsavory treatment of his employees.
