...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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...docks with international space station By Brian Vastag,May 25, 2012 With a near-flawless docking on Friday, start-up rocket company SpaceX achieved what only big governments have to date: It launched a mission to the international space station. The moment marked a pivot point in U.S. space ambitions, away from total NASA control and toward creative private enterprise. While NASA furnished seed money and technical advice, SpaceX engineers designed, built, launched and drove the white gumdrop-shaped Dragon capsule until the final moments. While the docking marked a milestone, it was more a policy win than a technical achievement: Shooting stuff into space has been routine for 50 years, and the Dragon carried no astronauts. That is a bigger mission that SpaceX and other U.S. companies are now racing toward. “Launching cargo, difficult as it is, is much less difficult than launching humans,” said NASA astronaut Clayton Anderson, who spent five months on the space station in 2007. “SpaceX still has some challenges to get through.” But the docking did help validate a space policy that’s drawn scorn and hope. Former and current astronauts, legislators and policymakers have questioned whether the private sector can launch a vehicle with brute force and then delicately pirouette it around a football-field-size orbiting outpost. SpaceX controllers did both this week and made it look easy. “It’s been a remarkable ride,” Michael Suffredini, NASA’s space station manager...
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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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...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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...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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...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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...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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...Over the last 60 years, the United States Space Program has brought to life things that, as late as the 1950’s, were once believed to be impossible. As a little boy, I remember watching TV in the library at school as the latest space shuttle was going to blast off from its launch pad en route to its destiny in space exploration. As I’ve grown, so too has my never ending curiosity of what lies beyond our own planet and solar system. We have been to the moon, seen unbelievable, up close photos of planets like Mars, Jupiter, and Saturn, and just when it looked like we’re about to make a leap into exploring beyond our solar system or possibly sending a manned mission to Mars, it all stops. Along with millions of other people who grew up dreaming of one day going into outer space or visiting a faraway planet, we all watched in horror as the United States Space Program has all but been eliminated by decisions made by members of Congress and President Barak Obama to drastically overhaul funding for NASA and the United States Space Program. In 2010, the President announced dramatic changes including the abandonment of the Constellation program and the Ares Rocket which was supposed to replace the newly retired space shuttle program, as well as outlining the development of commercializing elements of the industry which has forced NASA to re-evaluate the overall direction of its program and establish new, long-term initiatives. Will the commercialization and privatization of the space...
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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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...which is correct, they are semiconductor chip makers. Because of their products, they are considered of the largest and highest valued semiconductor chip makers throughout the world and in the semiconductor industry. Cisco Cisco is in the Networking industry, and they do everything from design to sell networking equipment. John Chambers is the CEO and chairman of the company. They were founded in 1984, they’re based in California, and the name “cisco” actually derived from San Francisco. Tesla Tesla produces electric cars and electric vehicle components. They do everything from the designing to the manufacturing of the vehicles. They’re in the automotive industry. The CEO of the company is Elon Musk, who is also the CEO of SpaceX. SpaceX SpaceX is a company in the aerospace industry that was founded in 2002. It was original founded with the goal of minimizing the cost of traveling to space. It’s CEO and founder is Elon Musk who is also the CEO of Tesla. They have developed several launch vehicles and...
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...ambitious project a on what would become the international space station (ISS). Later on Russia and other international partners joined in 1993.On november 2, 2000, the first human began to inhabit the ISS. Now we have enough technology . Now we have enough technology to explore new planets in our solar system and even see other galaxies. SpaceX is planning to visit and colonize mars. Elon Musk the owner of spaceX believes that colonizing other planets is not just a fantasy and it can be reality soon. In 2015, spaceX Successfully completed a vertical take-off. The rocket carried a payload of commercial satellites on board, deployed them in a vertical landing procedure-once again, with its falcon 9 rocket and then successfully returned back to earth, in one piece. That changed the future of space exploration because it reduces the price for going to space by 4 times , 61 million dollars against 225 million dollars. Elon “Musk’s plan to colonize Mars revolves around a large rocket codenamed the BFR, which blasts a spaceship Carrying up to 100 people into orbit before returning to the launch pad for an upright landing.” (http://www.planetary.org,SpaceX CEO Elon Musk updates Mars colonization plans.Davids.September 29, 2017)Then the rocket goes back to to space with more load of fuel for the ship. Colonist will then depart to mars. Musk also said a “single tank of fuel, Delivered in earth orbit, would be enough for the spaceship to travel to the lunar surface and return, without...
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...Commencement Address: Elon Musk at Caltech (California Institute of Technology) Elon Musk is a extaordinary billionaire with a innovative vision. He made a speech in Caltech in 2012, where he told a story about his business history. That involves getting to America, studying in Wharton School of University of Pennsylvania, his first steps in business and which difficulties it brought. The inventing thing started, when he read a quote from Arthur C. Clark, 'A sufficiently advanced technology is indistinguishable from magic.' If you go back say, 300 years, the things we take for granted today, you'd be burned at stake for. Being able to fly. That's crazy. Being able to see over long distance, being able to communicate, the Internet as a group mind of sorts, and having access to all the word's information instantly from anywhere on the earth. This really would be considered magic in times past. So he thought, If he can do some of those things -- if he can advance technology, that is like magic and that would be really cool. The first serious product of Musk’s was PayPal. Initially, the goal with PayPal was create a conglomeration for financial services, so all financial services could be seamlessly integrated to work smoothly. They had a little feature, e-mail payments. Whenever they would show the system off, they would show the hard part, the conglomeration of financial services, which is difficult to put together. Nobody was interested. Then they showed people e-mail payments...
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