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Established in 2002 by Elon Musk , the founder of PayPal and CEO of Tesla Motors, Space Explorations Technologies (SpaceX) has already developed three launch vehicles; the Falcon 1, Falcon 9 and the Dragon. Currently recognized for having the best launch prices in the world, SpaceX is beating China and all other nations in a new space race. SpaceX is based in Los Angeles, California.

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