SpaceX wins the race

SpaceX, the private rocket company, successfully launched a satellite size hunk of aluminum into orbit, making it the first private rocket to boost an object into earth orbit. Like Bert Rutan's SpaceShipOne (which only made a sub-orbital trip), the SpaceX accomplishment will continue to accelerate private investment in space. Rutan is busy building a fleet of space tourism vehicles for Virgin Galactic.

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