All these attempts were aimed at producing a fully and rapidly reusable rocket, which allegedly will dramatically reduce the cost of space transport.
SpaceX's effective first-time launch of a recycled rocket of the Falcon 9 at the Kennedy Space Center in Florida on Thursday, March 30, 2017 has spawned plans for more parts to be reused this year.
Now, the next goal for the company is to re-fly a rocket in a period of just 24 hours.
"Imagine if we were an aircraft company selling aircraft that could be flown many times, and everyone else was selling aircraft that could be flown once, I mean, you know, that's not a very competitive position to be in".
This new milestone could be achieved this year or early next year tops.
Florida Today reported that "the air frame and engines remained the same, but some auxiliary components were replaced".
The rocket's grid fins, which help stabilize and control direction during descent, see some of the heaviest damage. SpaceX claims that its Falcon 9 Heavy will be the most powerful operational rocket in the world by a factor of two. The Falcon Heavy is the higher variant of the Falcon 9 launch vessel and is made of a common Falcon 9 rocket core, with two extra strap-on boosters, anchored in the first stage of Falcon 9 rocket.
Musk also reiterated that the company will conduct the demonstration launch by "late summer", but acknowledged during a Thursday night news conference that flying the Falcon Heavy was a secondary priority for the company. SpaceX refurbished and tested the 15-story booster, still sporting its nine original engines. "It's like its own little spacecraft". The fairing, which shields the satellite on its way to space, costs $6 million, he said.
Speaking of which, the typical SpaceX launch costs around $62 million.
"The potential is there for (an) over a 100-fold reduction in the cost of access to space". But we're getting ahead of ourselves for a moment. Its first priority is launching a lengthy manifest of commercial missions on its Falcon 9 rocket.
If the relaunch of the rockets are as successful as Mr Musk anticipates, they will in turn certainly bring the cost of putting satellites into orbits down substantially, which could potentially bring in countless benefits to mankind. Launch prices might stay the same or at a small discount for some time before more tempting rates apply.