This is not your old Estes rocket... Watch out NASA...
SpaceX a small California based company getting into space, literally...
Amazing, many technically advanced countries can't build stuff that can get up where this baby does....orbit!
Very impressive....Our company is based on the philosophy that simplicity, low-cost, and reliability can go hand in hand. By eliminating the traditional layers of management, internally, and sub-contractors, externally, we reduce our costs while speeding decision making and delivery. Likewise, by keeping the vast majority of manufacturing in house, we reduce our costs, keep tighter control of quality, and ensure a tight feedback loop between the design and manufacturing teams. And by focusing on simple, proven designs with a primary focus on reliability, we reduce the costs associated with complex systems operating at the margin.
Established in 2002 by Elon Musk , the founder of PayPal and the Zip2 Corporation, SpaceX has already developed two brand new launch vehicles, established an impressive launch manifest, and been awarded COTS funding by NASA to demonstrate delivery and return of cargo to the International Space Station. Supported by this order book and Mr. Musk's substantial resources, SpaceX is on an extremely sound financial footing as we move towards volume commercial launches.
http://www.youtube.com/watch?v=To-XOPgaGsQ
http://www.spacex.com/