Get All Access for $5/mo

Elon Musk's SpaceX Launches Satellite, Lands Rocket Back on Drone Ship in Ocean It's the fourth time a SpaceX rocket has landed on the drone ship, which is stationed in the Atlantic Ocean, and the sixth time one of the company's space vehicles has landed back on Earth.

By Arjun Kharpal

This story originally appeared on CNBC

SpaceX
SpaceX’s Falcon 9 rocket taking off to deliver the JCSAT-16 communications satellite to space.

A SpaceX rocket has launched a satellite into space before landing back on a drone ship, notching another important feat for the company founded by billionaire Elon Musk.

It's the fourth time a SpaceX rocket has landed on the drone ship, which is stationed in the Atlantic Ocean, and the sixth time one of the company's space vehicles has landed back on Earth.

The Falcon 9 rocket carried a Japanese communications satellite into space from the Florida launch site, detached its payload and then landed on the ship.

But Sunday's mission was one of the most challenging, because the Falcon 9 had to get to a so-called geostationary transfer orbit. This is an orbit around 22,000 miles above the Earth's equator and because of the distance, SpaceX said before the flight that the rocket would be "subject to extreme velocities and re-entry heating, making a successful landing challenging."

The mission marked the third time a rocket traveling to geostationary transfer orbit had landed back on Earth.

The continued success off SpaceX's missions will give a boost to the company which is attempting to reuse rockets that have successfully landed. So far, SpaceX hasn't used any of the six rockets that have successfully landed back on Earth. But, Musk has said that company will likely attempt to reuse one of the rockets this fall.

Traditionally when a rocket went to space, there would be no attempt to salvage it. This is costly, but SpaceX's method is seen as way of significantly reducing costs, as new rockets don't need to be built for each mission.

News Assistant, CNBC EU News Digital Team

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business News

Looking for a Remote Job? Here Are the Most In-Demand Skills to Have on Your Resume, According to Employers.

Employers are looking for interpersonal skills like teamwork as well as specific coding skills.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Career

This Trend Is Threatening the Entire Labor Market — Here's Why Companies Need to Develop an Early Talent Strategy

The declining U.S. birthrate and lower labor force participation will continue to fuel workforce shortages for years to come. Companies need to prioritize reaching early talent sooner.

Health & Wellness

This Entrepreneur Launched a Pre-Alcohol Drink to Help Minimize the Hangover — He Sold 5 Million Bottles By Listening to His Customers

Here's how ZBiotics is transforming health with GMO-powered probiotics to address two of America's largest wellness challenges: minimizing alcohol and sugar intake

Business News

This Insurance Giant Has Cut Its Office Budget By $244 Million in 4 Years — Here's Where Employees Will Meet Instead

This company used to have 12 million square feet of office space — now it has 4 million.

Growing a Business

Companies With This Kind of Culture Are More Innovative, More Likely to Grow and Have Happier Teams

How building a creative culture across all departments can drive innovation, boost employee engagement and lead to greater business success.