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Musk’s SpaceX set for debut astronaut mission, renewing NASA’s crewed launch program

Entrepreneur Elon Musk’s SpaceX is set to launch two American astronauts to the International Space Station on Wednesday from NASA’s Kennedy Space Center in Florida, ending the U.S. space agency’s nine-year hiatus in human spaceflight.

California-based SpaceX’s Crew Dragon capsule carrying astronauts Doug Hurley and Bob Behnken and its Falcon 9 rocket is due to lift off at 4:33 p.m. EDT (2033 GMT) on Wednesday from the same launch pad used by NASA’s last space shuttle mission in 2011.

President Donald Trump and Vice President Mike Pence will view the launch in person, a White House spokesman said.

For Musk, SpaceX and NASA, a safe flight would mark a milestone in the quest to produce reusable spacecraft that can make space travel more affordable. Musk is the founder and CEO of SpaceX and CEO of Tesla Inc.

NASA, hoping to stimulate a commercial space marketplace, awarded $3.1 billion to SpaceX and $4.5 billion to Boeing Co to develop dueling space capsules, experimenting with a contract model that allows the space agency to buy astronaut seats from the two companies.

Boeing’s CST-100 Starliner capsule is not expected to launch its first crew until 2021.

NASA Administrator Jim Bridenstine declared the mission a “go” last week at Kennedy Space Center after space agency and SpaceX officials convened for final engineering checks.

Musk’s SpaceX set for debut astronaut mission, renewing NASA’s crewed launch program, Reuters, May 27

The FxPro News Team

This team of professional journalists announces the most interesting and influential articles from the major financial media as a brief summary. All such news may have sufficient potential to affect the course of trading assets.

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