SpaceX CEO Elon Musk unveils the Dragon V2 spacecraft in Hawthorne, California May 29, 2014. The craft is part of a plan to shuttle astronauts to the space station and back. Mario Anzuoni / Reuters

The V2’s predecessor has ferried cargo to the space station three times as part of a $1.6 billion deal with NASA. Kevork Djansezian / Getty Images

The reusable spacecraft is designed to carry seven astronauts. Robyn Beck / AFP / Getty Images

An interior view of the Dragon V2. Kevork Djansezian / Getty Images

SpaceX CEO Elon Musk, left, sits with guests inside the Dragon V2. Mario Anzuoni / Reuters

Musk demonstrates the controls of the craft via video to the media attending the unveiling. Gene Blevins / Polaris

The retractable landing legs of the spacecraft. Thanks to technologies designed to slow its re-entry into Earth's orbit, Musk said the V2 should be able to land most anywhere, like a helicopter. Robyn Beck / AFP / Getty Images