FT: Musk’s SpaceX catches returning booster rocket in technical milestone

SpaceX achieved a major milestone with the successful test of its Starship rocket, advancing its goal of fully reusable spacecraft. In a dramatic feat, the rocket's "super heavy booster" was caught mid-air by mechanical arms, or "chopsticks," upon returning to the launch pad. This breakthrough is vital to reducing the cost of space travel. SpaceX is on track for future manned missions, including a moon orbit in 2025..Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here..By Patrick Temple-West in New York.Successful test is step forward in billionaire's bid to create fully reusable spacecraft .___STEADY_PAYWALL___.Elon Musk's SpaceX accomplished a momentous technical feat early on Sunday morning by catching a booster rocket with mechanical arms on its return from a test flight..At dawn on the Texas coast, SpaceX launched an unmanned Starship rocket with its "super heavy booster". After a brief flight into the atmosphere, the booster broke away from the Starship and descended vertically, slowing its descent with engine blasts..Read more: 🔒Isaacman and Gillis break barriers in SpaceX's first private space walk.The booster fell directly back to the launch pad where it was caught by the tower's metal arms — referred to as "chopsticks" — in a roar of smoke and fire.."The tower has caught the rocket!!" Musk posted on his social media platform X. "Big step towards making life multiplanetary was made today."."Even in this day and age, what we just saw is magic," SpaceX communications manager Dan Huot said on the company's webcast. "I am, like, shaking right now.".SpaceX's Super Heavy booster lands during SpaceX Starship's fifth flight test, in Boca Chica, Texas, U.S., October 13, 2024. REUTERS/Kaylee Greenlee Bea.The rest of the ship orbited Earth and then splashed down into the Indian Ocean as planned..Sunday's flight marks the fifth Starship launch for SpaceX, one of the most valuable private companies in the world. In June, the Starship successfully re-entered Earth's atmosphere and also splashed down in the Indian Ocean. In September, SpaceX conducted the first privately funded spacewalk for two astronauts..The successful booster catch is crucial to Starship's design as a fully-reusable vehicle. Once Starship is operational, SpaceX can make faster trips into space, the company has said. A single Starship flight costs $100mn, Morgan Stanley has estimated, adding that this estimate could eventually drop to $50mn..SpaceX is preparing for a manned orbit of the moon in 2025 and a moon landing in 2026..SpaceX has achieved a new milestone, catching the giant Starship booster with mechanical arms, allowing it to be re-used for future flights. It's a crucial step on the road to full re-usability of the rocket, dramatically reducing the cost of space exploration. Bloomberg's Paul Allen reports on the historic test..SpaceX was most recently valued at $180bn, which would make it one of the top 50 most valuable companies in the S&P 500 index, Morgan Stanley said in an April report. Its Starlink division has built the world's biggest satellite network, comprising 2.6mn subscribers.."We expect Starship to become operational for commercial and government launches in 2027," the report said. "In 2030 and beyond, we expect all SpaceX launches to be completed by Starship.".But Sunday's successful mission came two days after Tesla, Musk's electric vehicle company, unveiled a "robotaxi" that failed to impress investors. Tesla's share price is down 13 per cent over the past 12 months..Musk, the world's richest man, has become one of Donald Trump's strongest supporters. The two campaigned together at a rally in Pennsylvania this month..Read also:.🔒 Musk's Trump endorsement: A strategic play for SpaceX and Tesla🔒 How to buy SpaceX: Navigating the cosmos of investment🔒 How to buy SpaceX: Chasing the celestial unicorn.© 2024 The Financial Times Ltd.

FT: Musk’s SpaceX catches returning booster rocket in technical milestone

Related Stories

"BEE pits black against white": The trailblazer who says empowerment got it wrong — Sam Montši

How Leon Kluge, SA’s unofficial ambassador for Cape flora, struck gold at Chelsea for the third time

Trump's US health aid overhaul meets reality in Mozambique

Viv Vermaak: Phala Phala, games of steal and plunder