Watch Elon Musk’s SpaceX launch a Falcon 9 rocket carrying a Korean satellite tv for pc in the present day at Kennedy House Middle — Quartz

Elon Musk’s area firm will fly its sixteenth rocket to orbit this 12 months, blasting by its earlier report and establishing itself because the busiest launch firm on earth.

A SpaceX Falcon 9 rocket is predicted to launch a satellite tv for pc for KT SAT throughout a launch window that opens at three:34 p.m. EST in the present day. The South Korean satellite tv for pc operator that may use the orbiting platform to ship tv to properties throughout Asia, whereas additionally offering bandwidth to web and cell phone corporations. After the launch, SpaceX will try to land the Falcon 9 booster stage on a floating platform within the Atlantic, so it may be reused in a future flight.

You possibly can watch a livestream of all of the high-precision equipment at work right here:

If profitable, the launch will set an organization report for many launches in a calendar 12 months. It can additionally handily outstrip the report of 14 launches set by United Launch Alliance (ULA), the three way partnership between Boeing and Lockheed Martin that dominated the US launch market earlier than SpaceX arrived on the scene with considerably cheaper rockets. SpaceX is even on tempo to place extra rockets into orbit than the Russian or Chinese language area applications.

Arianespace, the European rocket champion, might also out-launch ULA this 12 months.

Again in July, SpaceX launched its personal market badysis exhibiting simply launches for personal corporations and excluding authorities contracts. The information reveals how dramatically the corporate has modified the best way people get stuff off their planet and into area.

SpaceX market share chart
One thing’s occurring. (SpaceX)

SpaceX has launched three previously-used Falcon 9 rocket boosters this 12 months, and guarantees to deliver them into extra common use within the years forward, which may permit the corporate to speed up its exercise—so long as no new issues emerge with the corporate’s method to shortly refreshing them earlier than flight. Iridium, a significant satellite tv for pc communications firm, simply moved two scheduled launches with SpaceX to “flight-proven” boosters with the intention to get its belongings into area quicker. By the tip of the 12 months, SpaceX might launch as many as nineteen missions.

The corporate had initially hoped to hit this cadence final 12 months, however accidents grounded their automobile in 2015 and 2016 and left the corporate shedding a whole lot of thousands and thousands of . Nonetheless, due to a mega-investment from Google and deposits by its clients, mbades of cash allowed the agency to persevere. Most not too long ago, the non-public agency was valued by its buyers at greater than $20 billion.

That valuation doesn’t simply rely on low cost, reusable rockets. SpaceX is growing a number of expertise. It needs to reveal a reusable heavy rocket this 12 months that will be capable to carry 3 times as a lot to orbit because the Falcon 9, however delays have plagued this system. The corporate’s engineers are additionally growing a capsule to fly astronauts for NASA, a satellite tv for pc constellation to supply international web entry, and an unlimited, next-generation rocket able to visiting astronomical our bodies all through the photo voltaic system.

That formidable slate of actions is underwritten by the success of the Falcon 9 automobile—each as a result of it’s the major income for SpaceX, and since the innovation underlying its low value and excessive efficiency supplies credibility for Musk’s many guarantees.


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