Spacex Grasshopper flies and hovers at about 300 feet in the air

Elon Musk said SpaceX is testing of new rockets that would be reusable. That would provide a massive hundre times cheaper in the cost of space flight. Fuel and oxygen is only 0.3% of the cost of a rocket. With reusable rockets, space travel could be easier to attain for more people, he said.

SpaceX is currently working on a reusable rocket prototype, one that could “land safely anywhere on earth like a helicopter” after sending a given craft hurtling beyond our atmosphere to its destination. And damned if the company isn’t already part of the way there: Musk brought with him a video — set to Johnny Cash’s “Ring of Fire” — of a successful test of one of its 10-storey-high Grasshopper rising from a launchpad, hovering in the air for a short time and then softly descending to the ground on a cushion of boosters and landing gears. The test apparently only occurred “about a day and a half ago.”

“Yeah, so it worked. You’re the first people to see that video — even including SpaceX — apart from the video editor who sent it to me half an hour before this,” said Musk. “So far I’ve not been very successful in that regard, but I think we’ve got a handle on it.”

Now, of course, the goal is to go “higher and further.” All in service, Musk says, of putting the prospect of establishing a human base on another planet — Mars is the dream — within our technological and economic reach.

The Video shows the rocket flying up to about 3 times its height which would be about 300 feet into the air. So it was a test that lasted longer and flew higher.

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