...is is derived from the positive work environment and ability to learn from the mistakes that are made. Currently, SpaceX takes any ideas from any person in the company and explores those ideas. Even suggestions from interns are explored. The problem with this arises as the company continues to expand. Although there will be a lot of new innovation ideas, it will be more and more difficult to test all of these ideas due to a limitation of resources. SpaceX can keep their flat organizational structure, but there should be a process to weed out some ideas before they are tested. This can be done by a collective group voting system. Design Module #14 Assignment p. The writer will apply the MEAL Plan (Main idea, Evidence, Analysis, and Link) as an effective strategy for constructing paragraphs. The Meal Plan also is an effective strategy for the writer to employ in the review and revision of each paragraph. Moreover, this guide shows how the writer may verify that each component of the MEAL Plan is intact or how each component may be effectively revised for each and every paragraph in the body of the paper. SWOT Analysis Strengths. As far as strengths goes, the most apparent is the fact that SpaceX is doing something that is truly revolutionary. While there are other companies working on space travel, there are no other companies with the goals of commercialized space travel. The way this company is approaching such a concept is through their unique...
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...By: Asana Kusnadi Mid Semester Examination Table of Content 1. Background 2. Vision Statement 3. SWOT Analysis of SpaceX 4. Porter’s Five Forces Model 5. SpaceX TOWS Matrix 6. SpaceX Business Model 7. SpaceX Business Level Strategy 8. Conclusions I. Background SpaceX or Space Exploration Technologies Corporation is a space transport services company headquartered in Hawthorne, California. It was founded in 2002 by former PayPal entrepreneur and Tesla Motors CEO Elon Musk. SpaceX was founded with the goal of reducing space transportation costs and enabling the colonization of Mars. It has developed the Falcon 1 and Falcon 9 launch vehicles, both of which were designed from conception to eventually become reusable. SpaceX also developed the Dragon spacecraft, which are flown into orbit by the Falcon 9 launch vehicle, initially transporting cargo and later planned to carry humans to the International Space Station and other destinations.[1] By 2012, SpaceX had over 40 launches on its manifest representing about $4 billion in contract revenue—with many of those contracts already making progress payments to SpaceX—with both commercial and government (NASA/DOD) customers. As of December 2013, SpaceX has a total of 50 future launches under contract, two-thirds of them are for commercial customers. SpaceX's low launch prices, especially for communication satellites flying to geostationary orbit, have resulted in market pressure on...
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...even if the odds aren’t in your favor,” are the exact words quoted by Elon Musk when he was living off of just a dollar a day, long before the days of Tesla and SpaceX. Currently worth about $11.4 Billion (Forbes, 2016), the self-made billionaire who is currently the founder of some of the most advanced tech companies in the world, was once just a man with a dream and not a penny in his pocket. In an interview with famous astrophysicist, Neil deGrasse Tyson, Musk explained how fascinated he was as a freshman at Queen’s University in Ontario and how he could help shape the future of humanity through the internet, energy, efficiency and space exploration (Feloni, Richard, 2015). In 1992, Musk Left Queen’s University to study business and physics at the University of Pennsylvania. He graduated with an undergraduate degree in economics and stayed for a second bachelor’s degree in physics. After leaving Penn, Elon Musk headed to Stanford University in California to pursue a Ph.D. in energy physics. However, his move was timed perfectly with the Internet boom, and he dropped out of Stanford after just two days to become a part of it, launching his first company, Zip2 Corporation (Biography.com, 2016). At 28 Musk sold his first startup, Zip2 to a division of Compaq computers which led to the founding of x.com in 1999, SpaceX in 2002 and Tesla motors in 2003. An online city guide, Zip2 provided content for the new Web sites of both the New York Times and the Chicago Tribune, and in 1999...
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...SpaceX – Um símbolo de inovação espacial Resumo Este trabalho aborda o impacto que a SpaceX está a ter no desenvolvimento aeroespacial por iniciativa privada, assim como o modo como esta pode potenciar uma nova orientação para um setor antes promovido exclusivamente por iniciativa pública. Nesse sentido, analisou-se o mercado em que a empresa se insere com recurso a vários instrumentos leccionados na unidade curricular de Gestão Estratégica. Dada a natureza pouco conhecida do mercado aeroespacial, tornou-se pertinente fazer uma breve descrição da sua evolução histórica, os vários setores que o compõem e discernir quais os mais pertinentes para o caso em questão. Finalmente, fez-se uma análise do posicionamento da empresa analisada no contexto do mercado mencionado. SpaceX, a empresa Origem Fundada em 2002 por Elon Musk, um entusiasta espacial, co-fundador do PayPal, da Tesla Motors e da SolarCity, quando confrontado com os custos proibitivamente elevados de materiais de lançamento espacial. Na busca de materiais de lançamento espacial para um projeto pessoal que visionara, Elon Musk viu-se confrontado com diversos obstáculos em termos de custos. Determinado a fazer melhor do que aquilo que lhe era proposta, decidiu criar uma empresa que desenvolvesse os foguetões a custos mais convenientes de que necessitava. Objetivos Atualmente, a SpaceX apresenta-se como uma empresa fabricante de componentes e veículos aeroespaciais, assim como prestadora de serviços de transporte...
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...SpaceX vs. NASA Often people ask, ‘Should we trust NASA or should we trust SpaceX?’ when it comes to the two corporations many questions come up but the main question we will be assessing today will be in fact, ‘Which company is better?’ It really is a good question one of much significance that it's come up many times. So while the question is being asked we will provide an answer. Starting with a comparison of NASA and SpaceX. NASA was founded July 29, 1958 in the United States of America. It was founded by Dwight D. Eisenhower. Currently the NASA headquarters are located in Washington, D.C. Each year the government gives up approximately $18.4 billion with an increase next year of $19.1 billion to NASA. All of this money goes into many things along the lines of deep exploration projects, small satellite groups, and space station operations. NASA plans to spend $3.7 billion to further develop the Space Launch System, along with a heavy lift rocket. These all are very admirable feats and...
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... “We flew the first Apollo mission in 1967, it’s 2017. We should have a lunar base by now. What the hell’s going on?” said Elon Musk, Founder, CEO and CTO SpaceX. MAKING HISTORY SpaceX has increased overall consideration for a progression of noteworthy turning points. It is the main privately-owned business to restore a rocket from low-Earth circle, which it initially refined in December 2010. The organization left a mark on the world again in May 2012 when its Dragon shuttle conveyed load to and from the International Space Station — a testing accomplishment already expert just by governments. From that point forward Dragon has...
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...opinion, ending the shuttle program without an alternative already set up was a colossal blunder on the governments part. The reason the population really got sad over the end up the shuttle program was because there wasn't something new and better right around the corner. From Gemini we went to Apollo, from Apollo we went to the shuttle program, and from the shuttle program we went to asking for rides. Thankfully, Elon Musks's SpaceX has signed a deal with NASA to send its Crew Dragon capsule up to the International Space Station by 2017. This means that NASA won't have to pay Russia to send our people up anymore. This doesn't mean that SpaceX is the winner of this new space race. Boeing is still clamoring to be part of it. The fact that a massive company like...
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...for Google Drive Link to Portfolio! Man of the Future Elon Reeve Musk is a man of the future. As the co-founder of PayPal, CEO of both Tesla Motors, Inc. and Space Exploration Technologies Corporation (SpaceX), Musk is a rare entrepreneur who has pioneer more than one technology in multiple fields. As one knows, Tesla has become a leading manufacturer in electric automotive industry in recent times, while Space X has become the first commercial aerospace manufacturer and space transport services to dock with the International Space Station and thus officially began commercial space faring. Tesla vehicles have shown that electric vehicles can be luxurious and efficient at the same time. SpaceX, even though its rockets are still under development, has proven that spacecraft can become more practical and affordable for commercial companies to operate. Both of these fields have been considered an unexplored market and his companies get first dip. Elon Musk has been few steps ahead in terms of innovation. He is one of the entrepreneurs who truly think outside the box. His vision can be described as seen during present and into the future. Musk, with his innovative ideas, will continue revolutionize the world’s view of products that are once thought of as science fiction. SpaceX Strength * Low cost launch vehicles, aka Rockets * First commercial aerospace company to enter commercial space transportation * Competitive advantage to enter the market first Weakness ...
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...These private space companies are something only the United States are exploring. They are not funded by the government and do not hold the same bureaucratic restrictions that NASA encounters as having to rely on a fiscal budget that affects the timeline of space projects. American aerospace companies such as SpaceX, Boeing, and Blue Origin have revolutionized the potential for future space missions. In April 2016, SpaceX announced their partnership with NASA on the next mission to mars “Red Dragon”. The goal of the mission is land an unmanned mission on Mars with payloads (weight of cargo, scientific instruments, and equipment) by means of collaborations between NASA and SpaceX making it the first privately funded program to land. Having the private company tasked with taking charge of the mission provides an aspect to the modern-day space race that other countries cannot match. As stated on NASA’s website on “Red Dragon”, the benefits of having SpaceX as a partner includes such as “deep-space communications, data relay and tracking, and supersonic retropropulsion” this creates “the potential for human exploration in the Mars atmosphere about a decade sooner and at a fraction of the cost to NASA for a future technology demonstrator mission”. (NASA.gov, 11 July...
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...Trump for a little inspiration. Meanwhile, SpaceX is just trying to get to Mars. RUSSIA GOES CRAZY OVER DONALD TRUMP For the most part, Russia and the U.S haven't exactly seen eye to eye on anything since WWII. It only makes sense that the country would take to the most controversial of American Presidential candidates, Donald Trump. His foreign policy speech was met with high praises all over the country and Putin even called the Donald intelligent. In his speech, Trump preached easing tensions between Russian's and the U.S, a concept that Russian citizens received warmly. While those in the streets of Moscow commend the man, many in America are shaking their heads in confusion. PUTIN SUCKING UP TO TRUMP...
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...Decisions and Deliberations The decision we came to a close in our pro and con argument was that the government should let smaller companies or private companies take over space exploration in the U.S., With the retirement of the space shuttles last year, Nasa is looking to SpaceX and Orbital Sciences to take over flying US cargo to the space. The number of companies in 2011 are 485, including SpaceX. It will be one of the first private companies expecting to launch a rocket to the International Space Station May 7th, 2012. Once SpaceX feel they have perfected delivering cargos they will turn their focus to transporting U.S. astronauts. In the article by Tia Mitchell, Florida’s New Space Coast Prepares to Launch, the SpaceX spokeswoman Kristin Brost Grantham said, “We are right now standing at kind of the beginning of a new era in space travel, one in which the commercial companies work with NASA to advance space flight.” Florida has always competed to get a huge piece of the global space industry, especially after former President George W. Bush announced the ending of space shuttle programs. Large numbers of jobs lost were between seven and nine thousand. With Bush’s decision, it allowed time for Florida’s Space Coast to prepare. The state was able to allocate tens and millions of dollars to invest in companies and improve infrastructure with businesses, like Space Florida or Florida Enterprise, that would expand and new ones would be attracted to Florida. Space Florida...
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...Tim Jones Rita Kiry Composition 6/23/2015 Race to Mars The race to Mars has many competitors and is a long way from being a reality, but there are many technological advancements being made to get to Mars. The list of companies range from large known aerospace companies to small aerospace companies that have been around for only a short time to nonprofit companies that only want to manage the trip. Even though there is many companies striving to be the first to put a man on mars. They all will have the same hurdles to jump and space to travel through to get there. Mars has always been a wonderment to mankind. Human eyes have looked in its direction since nearly the 17th century, but it wasn’t till 1965 that a satellite was close enough to get decent pictures of its surface. The only thing those pictures did was raise more questions than answers (Lockheed Martin). The only thing left to do was to put something or someone on its surface. Lockheed Martin built the first orbiter that took pictures as well as the first two landers to touch the surface of Mars. Lockheed participated in the Mars Odyssey mission by building the orbiter in which the mission was named. The Odyssey later became the main means of communication for NASA to the rovers on the surface of Mars. Lockheed has no plans to quit being in the cutting edge of sending satellites to Mars. NASA started the race to Mars with the launch of Mariner 3 on November 5, 196 which was the first flyby spacecraft...
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...Elon Musk: An Entrepreneur With a Huge Success Linda E. Buehler Keiser University Fort Lauderdale, FL 25 February 2016 Elon Musk: An Entrepreneur With a Huge Success Elon Reeve Musk a man worth $10.7 billion was born June 28th, 1971 in Pretoria, Transvaal, South Africa to a beautiful model named Maye from Regina Saskatchewan, and Errol Musk, a South Arican-born electromechanical engineer (“Elon Musk”, 22 February 2016). Elon is the oldest of 3 with having a younger brother and sister. Elon’s parents were divorced when he was still young while he resided with his father most of his youth in South Africa he eventually gained citizenship to Canada through his mother and moved there just before his 18th birthday. Elon had been severely bullied growing up but if anything that might of helped him in discovering the computing with the Commodore VIC-20 at the age of 10 and at the age of 12 sold the code for a BASIC-based video game he called Blastar for approximately $500.00 USD (“Elon Musk”, 22 February 2016). At the age of 19 Elon attended Queen’s University in Kingston, Ontario after a short 2 years there he transferred to the University of Pennsylvania, in which he studied and received a bachelor’s degree in physics at the College of Arts and Sciences, then a bachelor’s degree in economics at the Wharton School of the University of Pennsylvania. In 1995 Musk moved to California to begin a PhD in applied physics at Stanford University only to drop the program after two...
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...Tech Entrepreneur Profile Elon R. Musk is one of the most successful entrepreneurs there is in technology industry he made his reach throw hard work and fallowing his dream. is multi serial business owner who have done business where most never have thought to look to be successful. Just like any Bill Gate he too self-thought himself computer programing. At the age of 12, he was well known programmer who sold his code to company name Blaster this experience later on in his life became very important. As a child Elon had very strong interest in technology and business. At age 17, his family moved from South Africa to Canada he sought after opportunity open up to him to go to America to try his dream of becoming entrepreneur. So, later he migrated to America to complete his education bachelor in economics and second degree in physics as well went for his PhD but did not finish left to pursue his dream in the area of the internet, renewable energy, and outer space. Compare to Steve jobs’ he is controlling person he tries to control anything everything around him to make sure he gets everything perfect. Many believe he is little crazy in the head for wanting to do the thing what no on ever have done but as his wife explains that And that is the key to Elon Musk. He has the will. "Elon is not afraid of breaking things — he will break himself if he has to," says Justine Musk, his first wife and the mother of his five children. Elon was not a scientist by nature because what he...
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...Abstract: The evidence for past life on Mars is supported by Steve Ruff and Jack Farmer’s findings about silica deposits on Mars, the Martian meteorite Allan Hills 84001, and evidence of past water valleys. Silica deposits from Mars are very similar to deposit formations here on Earth, which were made from biotic processes. Furthermore, Allan Hills 84001 (ALH84001) gives evidence of organic buildups native to ancient Mars. Lastly, valleys on Mars’ surface has evidence of flowing water, shown in outflow channels and sinuous valleys. While it is important to look into the past, SpaceX is looking to the future. Ambitious Elon Musk has plans for building a colony on Mars and allowing humans to be the first interplanetary species....
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