Elon Musk to unveil spacecraft to ferry astronauts

May 29, 2014 8:46 PM

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LOS ANGELES (AP) — SpaceX, which has flown unmanned cargo capsules to the International Space Station, planned to unveil a new spacecraft Thursday designed to ferry astronauts to low-Earth orbit.

The Southern California-based rocket builder, founded by billionaire Elon Musk, is one of several private companies vying to develop "space taxis" for NASA to replace the retired space shuttle fleet.

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