Elon Musk’s SpaceX Wins $ 2.9 Billion Contract with NASA to Send Humans to the Moon | Science and Technology News

SpaceX lost another spacecraft, seen here launching into thick fog, in a botched landing on Tuesday

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Elon Musk’s private space company, SpaceX, has won a $ 2.9 billion (£ 2.1 billion) contract with NASA to build a spacecraft to put humans on the moon.

The tech billionaire the company was chosen before the founder of Amazon Jeff Bezos’ Blue Origin and defense contractor Dynetics Inc.

Steve Jurczyk, From NASA Acting administrator, said in a video conference: “We should accomplish the next landing as soon as possible. It’s an amazing time to be involved in human exploration, for all of humanity. “

SpaceX founder and chief engineer Elon Musk wants to take humans to Mars

SpaceX will need to conduct a test flight “to fully check all systems with a landing on the lunar surface before our formal demonstration mission,” NASA official Lisa Watson-Morgan told reporters.

Mr Musk is one of the richest people in the world thanks to his 22% stake in an electric car maker Tesla, today the most valuable automobile manufacturer in the world.

Its publicly stated goal is to put humans on Mars – but until now, SpaceX has mainly been used to launch satellites for its Internet company Starlink, and other satellites and space cargo.

The SpaceX program experienced considerable startup problems, with another failed landing for its Starship prototype spacecraft last month.

The previous three exploded on touchdown or shortly thereafter.

These setbacks do not appear to have affected investor confidence in its plans, however, as SpaceX said on Wednesday it had raised around $ 1.16 billion (£ 838 million) in equity financing.

SpaceX lost another spacecraft, seen here launching into thick fog, in a botched landing

NASA’s plan is to return to the Moon and use it as a platform to send astronauts to Mars and it is looking to team up with private companies that share its vision for space exploration.

In December, NASA announced 18 astronauts who could be involved in plans to return to the moon by 2024.

Jeff Bezos.  Pic: AP
NASA’s decision is a setback for Jeff Bezos. Pic: AP

It’s a setback for lifelong space enthusiast and one of the richest people in the world, Mr Bezos, who is focusing more on his space business after deciding to step down as CEO of Amazon.

The deal with NASA was seen as a way for Blue Origin to establish itself as a desired partner for NASA, and put the company on the path to profit.

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