Did Elon Musk Just Spark The New Space Age?

Fresh off last week’s unveiling of the Tesla Model 3, today Elon Musk and SpaceX reached a new milestone, launching a rocket and then landing it eight minutes later on an automated drone ship in the Atlantic.

Along with sparking enthusiasm for the final frontier, Musk hopes the landing could be the start of a new era in space—one that includes affordable, reusable rockets. The innovator said as much on Twitter:

@levie Tickets to orbital hotels, the moon and Mars will be a lot less than people think.

— Elon Musk (@elonmusk) April 9, 2016

“This is the dramatic visual of the new space age,” Marco Caceres, senior analyst at consultant Teal Group in Fairfax, VA, tells Bloomberg. “NASA has been trying to re-create the excitement of the Apollo era. Elon Musk just did it.” [Bloomberg]

Continue reading this story with a free account

Log in or register
Related Topics: Elon Musk , Space Age , SpaceX
Sign up for more articles like this
Subscribe to Bisnow's National Newsletters
Related Stories

'Illegitimate' Or 'Leveling The Playing Field'?: Why Habitability Cases Are Surging In Eviction Court

Walker & Dunlop Execs On Dealmaking Volatility, Data Center Risks, Housing

Hines Closes $591M Multifamily DST Offering

CBRE Leans On Data Center Business As Higher Rates Squeeze Capital Markets

Blackstone Writes Down Real Estate Values But Remains Bullish On Data Centers

Debt Flood Shrinks Bank OZK's Real Estate Book Faster Than Planned

The Governor Races And Referendums Where Housing Is On The Ballot

Trump: Data Centers 'Mandated' To Supply Own Electricity, Should Pay 'Dividend' To Communities

Making Data Center Construction Supply Chains Smarter

Amazon Ditches Ashburn Data Center Plan, Shifts To Mixed-Use Vision

Apollo To Buy Majority Stake In $2B UDR Portfolio

Harrison Street Launches Marina-Focused Investment Fund