The commercialization of the space market has also transferred some of the control of the industry from the government to the private companies that are self-sufficient.





The government has given way for private enterprises to enter the space market as it aims for increasingly difficult and riskier space missions. But, at the same time, this commercialization is also essential for the space economy to grow and achieve all the set goals.

SPACE X (USA)





SpaceX has its headquarters in California and is also known as Space Exploration Technologies Corp. It is one of the biggest private aerospace manufacturers and space transportation companies in the US as well as the world. It was founded by Elon Musk in 2002 with the objective to reduce the costs of space transportation and also enable human beings to eventually be able to live on Mars.





SpaceX has developed the following main types of launch vehicles: has developed the following main types of





FALCON 9

This is a two-stage rocket system that was designed and manufactured by the company for transferring satellites and the Dragon spacecraft into the Earth?s low orbits with safety and reliability. Falcon 9 is also known as the first of its class orbital rocket which is reusable.

Source _ Wikipedia





This space launcher vehicle is also one of the most reliable launch vehicles which is designed in a way that it has the maximum safety and security right from the ground up.





FALCON HEAVY

Also known as the most powerful operational rocket among all rockets across the whole world, Falcon Heavy is a rocket that has the ability to lift almost 64 metric tons of payload and cargo into the low orbits of the Earth.

Source_ Wikipedia





According to studies, it can lift more than twice the payload of the Delta IV Heavy rocket, which comes next in line for being a similar operational vehicle.





BFR

Also called the Big Falcon Rocket, the BFR is a fully reusable launch vehicle and spacecraft which is privately funded and is being developed by SpaceX.





This space vehicle in a two-in-one vehicle which includes a launch vehicle as well as a spacecraft, along with an infrastructure for a rapid launch and relaunch. It can carry more than 100,000 kilograms of payload into the low Earth orbits.



