• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
TechElon Musk

SpaceX Gets Huge Contract for its First Manned Space Flight

By
Jonathan Vanian
Jonathan Vanian
Down Arrow Button Icon
November 20, 2015, 7:04 PM ET
SpaceX CEO Elon Musk Unveils Company's New Manned Spacecraft, The Dragon V2
SpaceX CEO Elon Musk unveils the company's new manned spacecraft, The Dragon V2, designed to carry astronauts into space during a news conference on May 29, 2014, in Hawthorne, California. Photograph by Kevork Djansezian — Getty Images

SpaceX hit a big milestone on Friday with NASA confirming on Friday that the Elon Musk-led space cargo business will launch astronauts to the International Space Station by 2017.

Last year, the space agency tentatively awarded a $2.6 billion contract to SpaceX to carry crew to space. NASA’s announcement on Friday formalizes the deal, which involves SpaceX loading its Crew Dragon spacecraft with astronauts and sending them beyond the stratosphere.

NASA’s goal is to wean the country’s space program from its dependence on Russia for sending astronauts into orbit. The space agency plans to award two more private contracts for manned flights to the space station sometime in the future.

Prior to the SpaceX contract, NASA gave a $4.2 billion contract to Boeing (BA) for shuttling astronauts to the International Space Station.

“It’s really exciting to see SpaceX and Boeing with hardware in flow for their first crew rotation missions,” Kathy Lueders, manager of NASA’s Commercial Crew Program, said in a statement. “It is important to have at least two healthy and robust capabilities from U.S. companies to deliver crew and critical scientific experiments from American soil to the space station throughout its lifespan.”

NASA has yet to decide whether Boeing or SpaceX will be the first to blast off to the International Space Station. Absent the necessary funding by the U.S. government, the space agency said it would have to postpone the commercial spacecraft missions.

NASA said that SpaceX’s Crew Dragon spacecraft and its related rocket passed the initial design reviews and certifications to proceed to the next level of testing, which is needed to show that the spacecraft is safe enough to carry astronauts. The space agency said that a standard mission consists of flying four astronauts to the space station, where they would remain for 210 days.

This is a big deal for SpaceX because it previously only launched unmanned spacecraft to the space station to transport supplies. This summer, one of SpaceX’s unmanned spacecraft exploded en route to the space station.

Subscribe to Data Sheet, Fortune’s daily newsletter on the business of technology.

For more on SpaceX, check out the following Fortune video:

 

About the Author
By Jonathan Vanian
LinkedIn iconTwitter icon

Jonathan Vanian is a former Fortune reporter. He covered business technology, cybersecurity, artificial intelligence, data privacy, and other topics.

See full bioRight Arrow Button Icon

Latest in Tech

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.


Latest in Tech

InvestingMutual Funds
Brutal year for stock picking spurs trillion-dollar fund exodus
By Isabelle Lee, Alexandra Semenova and BloombergDecember 27, 2025
9 hours ago
Innovationspace
Blue Origin names Tory Bruno to new national security group
By Loren Grush and BloombergDecember 27, 2025
9 hours ago
Alex Bores stands near a window in the Capitol building
AIdeepfakes
Ex-Palantir turned politician Alex Bores says AI deepfakes are a ‘solvable problem’ if we bring back a free, decades-old technique
By Dave SmithDecember 27, 2025
19 hours ago
AIData centers
At the edges of the AI data center boom, rural America is up against Silicon Valley billions
By Sharon GoldmanDecember 27, 2025
21 hours ago
research
Cybersecuritydeepfakes
2026 will be the year you get fooled by a deepfake, researcher says. Voice cloning has crossed the ‘indistinguishable threshold’
By Siwei Lyu and The ConversationDecember 27, 2025
21 hours ago
Employee is applauded at office
SuccessCareers
The ‘occupations most exposed to AI automation’ actually outperform the rest of the job market, new research reveals
By Emma BurleighDecember 27, 2025
22 hours ago

Most Popular

placeholder alt text
Retail
Trump just declared December 26th a national holiday. What's open and closed?
By Dave SmithDecember 26, 2025
2 days ago
placeholder alt text
Success
As millions of Gen Zers face unemployment, CEOs of Amazon, Walmart, and McDonald's say opportunity is still there—if you have the right mindset
By Preston ForeDecember 26, 2025
2 days ago
placeholder alt text
Future of Work
Malcolm Gladwell tells young people if they want a STEM degree, 'don’t go to Harvard.' You may end up at the bottom of your class and drop out
By Sasha RogelbergDecember 27, 2025
20 hours ago
placeholder alt text
Europe
Christmas 500 years ago was a drunken 6-week feast that may have been considerably better than the modern holiday, medieval historian says
By Bobbi Sutherland and The ConversationDecember 25, 2025
3 days ago
placeholder alt text
Commentary
Why over 80% of America's top CEOs think Trump would be wrong not to pick Chris Waller for Fed chair
By Jeffrey Sonnenfeld and Steven TianDecember 27, 2025
18 hours ago
placeholder alt text
Success
Billionaire philanthropy's growing divide: Mark Zuckerberg stops funding immigration reform as MacKenzie Scott doubles down on DEI
By Ashley LutzDecember 22, 2025
6 days ago