SpaceX has a net worth of almost twenty-one billion dollars. However none of that money would be possible unless companies partnered with them, or companies or people investing in them. “SpaceX is known as a leading commercial space exploration company that designs, manufactures and launches advanced rockets and spacecraft. It provides regular cargo resupply missions for NASA, and is the first rocket provider planning to send a human to Mars. But before all of its fame and notoriety, SpaceX was a startup with lofty goals. In 2010, Iridium believed in the company’s vision, and contracted with them to launch its entire next-generation global satellite constellation, Iridium NEXT, becoming SpaceX’s largest commercial customer. Iridium placed its largest initiative in the hands of a startup, essentially entrusting the future of the company with SpaceX” (Iridium). There are many space exploration companies out there and it’s not just limited to the United States. A few of the leading companies are SpaceX, Boeing, Orbital Sciences, Sierra Nevada Corporation, Virgin Galactic, XCOR Aerospace, and Made in Space. There’s a lot of things in common with all of these companies. However, one thing that keeps them going is the support that they get from the public, other companies, and each other, and by support I mean money. None of their goals would be possible without money, sad but …show more content…
Obviously this concept of commercial space travel is new. Therefore, just like the airlines it’s going to take some time to work out the kinks so that way it’s as safe as can be. Even from our launches that happened early in the space race the FAA and the Commercial Spaceflight Safety Committee have both made rules and regulations to follow. Hopefully no person dies before figuring all the issues out but it’s always a possibility with something so dangerous. “The Commercial Space Launch Act of 1984, as amended and re-codified at 51 U. S. C. 50901 - 50923 (the Act), authorizes the Department of Transportation (DOT) and, through delegations, the Federal Aviation Administration's (FAA) Office of Commercial Space Transportation (AST), to oversee, authorize, and regulate both launches and reentries of launch and reentry vehicles, and the operation of launch and reentry sites when carried out by U. S. citizens or within the United States. The Act directs the FAA to exercise this responsibility consistent with public health and safety, safety of property, and the national security and foreign policy interests of the United States. The Act also directs the FAA to encourage, facilitate, and promote commercial space launches and reentries by the private sector, including those involving space flight participants”(FAA). Even though Commercial