Key facts
- SpaceX is exploring a new business venture focused on in-space manufacturing.
- The FAA has approved test flights for SpaceX's reentry vehicles.
SpaceX is reportedly looking to expand its business operations into the realm of in-space manufacturing and construction. This potential new venture would leverage the company's existing capabilities in rocket technology and spaceflight. The Federal Aviation Administration (FAA) has recently granted approval for test flights of SpaceX's reentry vehicles, a crucial step in developing the technology needed for such ambitious projects. This move suggests a strategic shift for SpaceX, aiming to capitalize on the growing opportunities in space-based industries beyond satellite launches and space tourism.