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NASA Gives SpaceX Rocket Launch Contract Worth Up To $1 Billion

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NASA gave Space Exploration Technologies, or SpaceX, a contract that potentially could be in the billion-dollar class to use SpaceX Falcon 1 and Falcon 9 rockets to transport cargo into space. How much money SpaceX would receive would depend on how many launches NASA wishes to buy. The NASA launch services contracts are multiple awards to multiple launch service providers. Twice per year, there is an opportunity for existing and emerging domestic launch service providers to submit proposals if their…

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