“A successful launch could mean more than 100 additional jobs in the space industry, which is threatened by the end of the shuttle program.
“But success isn’t guaranteed. SpaceX’s smaller, single-engine rocket racked up three failed launches before a fourth launch attempt reached orbit from an island in the Pacific. SpaceX, however, hopes for immediate success with the larger rocket, which uses technologies refined from the four launches of the smaller version…”
“Started with a $100 million investment from Internet tycoon Elon Musk, SpaceX has attracted the $278 million in NASA funding and at least $20 million in private investment, as well as payments for cargo on some of its failed flights.”