The Space Exploration Technologies Corporation which is also called SpaceX has sent a cargo-carrying spacecraft to the International Space Station. It has arrived at the station after a continuous revolving around the globe for three days. It has finally been held by a robotic arm from the space station and is going to be attached with the station to unload the spacecraft.
The spacecraft is the first one from a private company to be sent to space and therefore its successful landing and unloading is being watched very carefully by the experts on ground. It is loaded with items like water and clothes for the astronauts at the space station and does not have any person onboard.
The mission was being observed critically by the experts at NASA as no private company had entered into the field before. Although the mission faced some problems during the capture by the space station, however it was declared successful. This mission has opened up opportunities for private companies to enter a field that has been previously under the control of government only.
The chief executive and founder of the company SpaceX, Los Angeles Times.was very much concerned about the mission’s success as the future of the company depended on their first mission in space. "I think we're approaching the highest-risk portion of the mission. But I think we're ready to go for the home run," he said as the spacecraft was on its way to the space station as reported at
SpaceX is now going to face greater challenges as the future orders are going to be based on their performance and expertise. The venture involves huge capital and trust from the buyers to move ahead. Also the market for their spacecrafts has to be large enough to sustain their operating costs. All these factors are going to be the major concerns for the owners of the company.
SpaceX is currently operating with around 1800 people in its workforce and has its facility in Hawthorne. NASA is going to provide the contracts to the company after they assess the success of the first mission. So this test is very important for the company’s reputation and survival in the industry. After the entry of first private company in space exploration other similar ventures might also come up over the years. The government might consider giving contracts to private firms if they meet the demands of the industry well.