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SpaceX Launches Its First Commercial Satellite Into Orbit

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Third time’s a charm for Elon Musk

After two failed attempts last week, SpaceX on Tuesday successfully launched an unmanned Falcon 9 rocket, carrying its first commercial satellite into space

The launch is monumental for SpaceX because it proves the private company can deliver satellites into orbit on a budget. Now, CEO Musk and his team have an entry ticket to the $190 billion commercial satellite industry.

Singapore-based satellite communications provider SES contracted SpaceX to launch the $100 million SES-8 satellite, which will provide television, cable and broadband to rapidly growing markets in South Asia and Asia Pacific regions. SpaceX’s team says SES-8 is its “most challenging mission to date.” Read more…

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