SpaceX launched its IPO on the same day the U.S. sent astronauts to the moon for the first time in 54 years. And the timing is appropriate: This is likely the last time NASA will try to send people to deep space without major assistance from a company that emerged from the venture-backed tech scene.
The origins of NASA’s current lunar campaign trace a complicated path back to the second Bush administration, which began developing an enormous rocket and a spacecraft called Orion to return to the moon. By 2010, the project had grown over budget and was pared back — and paired with a new program to back private companies building new orbital rockets.
