Can SpaceX Save NASA (Some Money)?

Updated

NASA recently signed a $424 million contract with the Russian Federal Space Agency, agreeing to pay a record $70.6 million per person to send U.S. astronauts to the International Space Station.

How did America -- the only country in the world to put men on the moon and rovers on Mars -- turn into a country that has to hitch rides to a space station it helped to build? And what can we do about it?

In today's video, Fool.com contributor Rich Smith lays out the problem for you, tells you which companies are trying to fix it, and identifies the one company in this group that you should check out.


Tesla's plan to disrupt the global auto business has yielded spectacular results. But giant competitors are already moving to disrupt Tesla. Will the company be able to fend them off? For anyone who wants to own SpaceX, but feels they've got to settle for Elon Musk's Tesla for the time being, The Motley Fool answers these question and more with the most in-depth Tesla research available. Get instant access by clicking here now.

The article Can SpaceX Save NASA (Some Money)? originally appeared on Fool.com.

Motley Fool contributor Rich Smith has no position in any stocks mentioned. The Motley Fool recommends Tesla Motors. The Motley Fool owns shares of Lockheed Martin and Tesla Motors. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Advertisement