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

Inside The Nationwide Jockeying For Opportunity Zones 2.0

GTIS Partners Rebrands As Brightshore Capital, Launches $250M Debt Platform

Data Center Spills 5,000 Gallons Of Fuel Into New Jersey River

Hines And Rialto Close Office Credit Fund At $1.1B

Chipotle Adding Hundreds Of New Locations Worldwide

'Beyond A Routine Wobble': 10-Year Treasury Clears 5% Ahead Of Key Fed Meeting

Trump's DEI Crackdown Is Creating New Risks For Landlords That Lease To The Government

Airbnb Launches $250M Fund To Invest In Affordable Housing

Brookfield Buys Minority Stake In Hyperscale Data Center Developer AREP

Judge Dismisses Suit Alleging Alexandria Misled Investors Over Portfolio Strength

How Companies Can Eliminate Shadow AI And Gain Value From Artificial Intelligence Tools

Canadian CRE Investors Shrug Off Trade War, Spend $9B On U.S. Assets