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SpaceX nails reusable rocket milestoneElon Musk's space company just made history by reusing the Falcon 9 rocket.
SpaceX hit a new milestone for the private space industry. The company has successfully launched a communication satellite using its Falcon 9 rocket, a rocket we've seen launch and land before. The end-go for SpaceX and other private space companies is to create reusable rockets that have turnaround time similar to airplanes. If they can figure out how to do that, the cost of getting to space would be much cheaper than it is currently. Space access website currently list it's launch cost at about $62 million. But the company says that cost could be cut considerable if they can master reusable rockets. Not only is the successful launch a milestone, SpacecX also celebrated relaunching the stage on e boosters under withdrawn ship in the Atlantic ocean for a second time. That means they'll hopefully be able to launch Falcon 9 of, Third time as long as it clears all necessary safety checks and inspections. Reusable rockets are an important component in the private space industry taking off, pun intended. But it's also key to SpaceX CEO Elon Musk Plan to colonize Mars. He's mentioned his plan might require a rocket that can withstand about 12- 15 uses before being retired. So we're still a long ways off from packing our bags for the red planet. Regardless, this launch and landing is a big win for SpaceX and the rest of the private space industry. We'll be keeping an eye on what's next For Falcon 9 and for more space news, check out CNET.com. I'm Ashley Esqueda, be good humans.