Summary

SpaceX launched its IPO on the same day the U.S. sent astronauts to the moon for the first time in 54 years. And the timing is appropriate: This is likely the last time NASA will try to send people to deep space without major assistance from a company that emerged from the venture-backed tech scene. The origins of NASA’s current lunar campaign trace a complicated path back to the second Bush administration, which began developing an enormous rocket and a spacecraft called Orion to return to the moon.

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