After announcing via press conference that its Falcon 9 rocket has successfully made a soft landing in the ocean, Elon Musk expressed his desire for Space X and other private companies to join the bidding for military rocket launch contracts.
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San Francisco, US-based venture capital firm Founders Fund gathered $1 billion for its fifth investment fund called Founder Fund V which will back startups from various sectors.
The National Aeronautics and Space Administration (NASA) will turn over one of its idled space-shuttle launch pad to Space Exploration Technologies (SpaceX), according to officials on Friday.
Elon Musk recently announced a radical transport system on solar energy that will reduce travel time from San Francisco to Los Angeles to 30 minutes.
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