SpaceX Puts Falcon 1 On Ice

By Guy Norris .

LONG BEACH, Calif. — The softness of the small-satellite launch market has forced Space Exploration Technologies Inc. (SpaceX) to suspend production of the Falcon 1 launch vehicle pending an upcoming market review.

SpaceX President Gwynne Shotwell says: “We haven’t abandoned it, but we are looking to address the market in a more cost-effective way. We were really hoping the ...

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