“It was obviously a big disappointment not to reach orbit on this flight,” said Elon Musk, founder of SpaceX in a message to his staff.  “On the plus side, the flight of our first stage, with the new Merlin 1C engine that will be used in Falcon 9, was picture perfect.  Unfortunately, a problem occurred with stage separation, causing the stages to be held together.”

Despite the setback, his company is steaming right along. The equipment for their fourth and fifth test flights are almost ready.

Musk also mentioned that SpaceX has recently accepted a large financial investment, which will ensure their future. “For my part, I will never give up and I mean never,” he said.

Source : Wired

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