NASA Invests $75 Million Into SpaceX

Posted Apr 19, 2011

National Aeronautics and Space Administration (NASA) has invested $75 million into Space Exploration Technologies (SpaceX). SpaceX is led by CEO Elon Musk. NASA is investing in SpaceX as part of the Commercial Crew Development (CCDev2) effort. NASA’s CCDev2 effort is to accelerate the availability of space transportation to their crew as they get prepare to retire the Space Shuttle. [socaltech]