Ending Soon! Save 33% on All Access

Elon Musk's SpaceX Launches Satellite Into Orbit The mission marked the first commercial launch from Cape Canaveral in more than five years.

By Benjamin Kabin

Opinions expressed by Entrepreneur contributors are their own.

It was one small step for man, but a giant leap for Elon Musk's startup SpaceX. Late yesterday, the company successfully launched its first satellite into orbit.

SpaceX's launch vehicle, the Falcon 9, lifted off from Cape Canaveral Air Force Station in Florida at about 5:40 p.m. yesterday evening. Half an hour later, the mission was completed without a hitch, the company said.

The mission -- the first from SpaceX's own Florida launch pad -- was the second of three flights required to certify the Falcon 9 to fly missions for the U.S. Air Force. Once certification is complete, SpaceX will have the opportunity to bid on all National Security Space (NSS) missions.

Yesterday also marked the first commercial launch from Cape Canaveral in more than five years.

To date, SpaceX has nearly 50 launches under its belt, more than 60 percent of which were for commercial customers.

"The successful insertion of the SES-8 satellite confirms the upgraded Falcon 9 launch vehicle delivers to the industry's highest performance standards," SpaceX founder and chief executive Elon Musk said in a statement.

Related: Mind Control Technology, Elon Musk's James Bond Submarine and a Real-Life Bionic Man

Benjamin Kabin

Journalist

Benjamin Kabin is a Brooklyn-based technology journalist who specializes in security, startups, venture capital and social media.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Career

Is Consumer Services a Good Career Path for 2024? Here's the Verdict

Consumer services is a broad field with a variety of benefits and drawbacks. Here's what you should consider before choosing it as a career path.

Business News

'Creators Left So Much Money on the Table': Kickstarter's CEO Reveals the Story Behind the Company's Biggest Changes in 15 Years

In an interview with Entrepreneur, Kickstarter CEO Everette Taylor explains the decision-making behind the changes, how he approaches leading Kickstarter, and his advice for future CEOs.

Business Ideas

87 Service Business Ideas to Start Today

Get started in this growing industry, with options that range from IT consulting to childcare.