SpaceX Rocket Passes U.S. Air Force Test, One Step Closer To Contract Competition

July 14, 2014 2:36 PM

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SpaceX Rocket Passes U.S. Air Force Test, One Step Closer To Contract Competition

SpaceX, the company founded by Tesla Motors Inc. (NYSE:TSLA) CEO Elon Musk, has moved one step closer to competeing for lucrative launch contracts for launching sophisticated national security satellites.

SpaceX said late last week that he Air Force certified SpaceX’s Falcon 9 launch system, a key milestone in the certification process, after inspecting data from three of the rocket’s successful flights over the past year.

Also watch: Rockets reportedly match Nets' offer sheet for Donatas Motiejunas

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