On the final day of June at 3:3 ET, a SpaceX Falcon 9 rocket was launched from the Space Force Station in Cape Canaveral. According to media reports, on their second rideshare mission, SpaceX took 88 governmental and business satellites into orbit.
SpaceX is famous for revolutionizing spaceflight and traveling in the future by figuring out how to reuse the lower part of their rockets, cutting the launching costs drastically. As entrepreneurs worldwide struggle to overcome the consequences of the pandemic, Elon Musk’s SpaceX is rapidly developing a business approach to meet the needs of the smallsats market that is rising.
Over the last couple of years, especially since the pandemic hit, small satellites are wanted more than ever by companies worldwide. Since they are too small in size to reach the orbit by themselves, businesses need to wait for the launching of larger satellites which makes the market quite unstable.
So far, SpaceX mostly used its rockets to transport larger communication satellites and astronauts to and from the ISS/ However, their decision to enter the smallsats market shows that the industry will probably just keep growing.