SpaceX has had difficulties getting to where they are today. Like any business they have a goal, and obstacles to get to their goal. Elon Musk’s SpaceX project demonstrates a solid business model. The SpaceX project has not been able to just take steps, they have had to run, jump, leap, and swim to get to where they are today. Among with their greatest challenges so far have been equipment failure, enemies, and profitability.
The equipment failure that the SpaceX projects have encountered has been devastating. The largest, most impactful equipment failure that SpaceX has had to deal with is the crash of Falcon 9. SpaceX has a contract with NASA to do 12 cargo missions to the space station and resupply the space station. SpaceX’s …show more content…
These 26 people moved out to the southern part of Texas to find peace, freedom, and to be closer to the lord. All of their peace and quite is out the window now because SpaceX launching ground has appeared. SpaceX had to resolve this issue, but instead he just made security tighter to the point of where there were drones whipping the beach. He found success in this encounter by keeping the towns people quite. They where upset; however they did not protest or sue SpaceX. Every problem has a solution, a different and unique solution. The solution for SpaceX was just to try to accompany these 24 people as best as he …show more content…
The first privately funded liquid fuel rocket to successfully reach low-Earth orbit was Falcon 1 in 2008. The next big successful launch was the first private satellite using Falcon 1 booster, which carried a satellite for Malaysian RazakSAT. Then, the Falcon 9 heavy-lift rocket was developed and launched successfully in 2010. Finally, the last high profile flight was the next Falcon 9 launch, which has became the first private spacecraft to reach orbit and return to Earth. However Falcon 9 exploded mid air costing SpaceX 25% of their 12 Billion dollar contract. They had money saved up so if an anomaly happened they would be able to bounce back from the catastrophe. SpaceX was always prepared for anything, by never putting all their eggs in one