📺 Stream EntrepreneurTV for Free 📺

SpaceX's Has Successful Comeback Launch It's back to business for Elon Musk's spaceflight company.

By Daniel Cooper

entrepreneur daily

This story originally appeared on Engadget

SpaceX via engadget

2016 was a fairly good year for SpaceX, with Elon Musk's spaceflight company inching closer to developing a reusable rocket for missions. At least up until September, when a Falcon 9 rocket exploded during a pre-launch test on the pad at Cape Canaveral. The company quickly investigated and found that the craft's liquid oxygen had leaked out of a tank, with the resulting friction causing ignition.

At last, however, SpaceX is ready to turn a corner: the private outfit has returned to flight by launching a Falcon 9 from Vandenberg Air Force Base, delivering 10 Iridium Next satellites into orbit.

The launch also included a successful landing of the Falcon 9's first stage aboard a SpaceX drone ship, Just Read the Instructions -- the first time a rocket has landed on the vessel, in fact. While this isn't the first-ever drone ship landing, it's clearly another feather in Elon Musk's cap.

The company had planned to get back into the business of shooting things into space by December, but that date was pushed back to January. Between then and now, SpaceX has continued to test the safety of its setup and received reauthorization from the FAA. Unfortunately, poor weather had led to another postponement until today.

The launch is crucial to both Iridium and SpaceX, as you might guess. For Iridium, this is the first step toward completing a constellation of 70-plus satellites that will blanket the Earth with coverage. It's arguably much more important for SpaceX, though. The September incident shook confidence in the company's ability to reliably deliver payloads to space. This isn't a guarantee that everything is back to normal (that will take months or even years), but it's reassuring for satellite makers, NASA and other organizations that want to lean on SpaceX as a partner.

Jon Fingas contributed to this report.

After training to be an intellectual property lawyer, Dan Cooper abandoned a promising career in financial services to sit at home and play with gadgets. He now serves as Engadget's associate European editor.

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

Editor's Pick

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Science & Technology

More Companies Are Rushing to Hire A Chief AI Officer — But Do You Need One? Here's What You Need to Know.

Companies are appointing executives to oversee AI. A better approach: infuse the technology throughout the organization.

Business News

Here's What Millions of Small Businesses Have in Common, According to a New Survey

A majority of the businesses surveyed, almost three in five, have been running for at least six years, and 15% were operational for over a quarter of a century.

Marketing

This Google Update Could Be Tanking Your Traffic. Follow These Steps to Significantly Boost Your Page Views and Revenue Now.

This crackdown demonstrates Google's commitment to enhancing search result quality and combating manipulative tactics like AI content spam. But it also raises an important question: How can website owners increase organic traffic significantly in this new reality?