Emmanuel Martinez • May 11, 2021

NASA Picks SpaceX on New Lunar Lander

NASA Picks SpaceX to Build New Lunar Lander

NASA on Friday awarded a contract to SpaceX to build a new capsule to land astronauts on the moon, the latest in a string of lunar-related wins for the Elon Musk -controlled company.

SpaceX beat out two rivals for the Human Landing System moon taxi that will carry astronauts to and from the moon’s surface from an orbiting capsule as early as 2024. The contract is part of a larger Artemis program led by the National Aeronautics and Space Administration to explore and develop deep space. That program relies more heavily on the private sector and commercial funding than previous efforts.+

SpaceX's Valuation is projected to be now close to $100 Billion.