SpaceX successfully launches satellite with new upgraded 'Block 5' Falcon 9 rocket

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Meanwhile, the first stage returned to Earth, acing the landing on a so-called drone ship that SpaceX situated in the Atlantic Ocean, nearly 400 miles away from the Kennedy Space Center. Designed in 2014-2015, Falcon 9 Full Thrust began launch operations in December 2015.

Such activities are part of the company's efforts to develop fully and rapidly reusable rockets and spacecraft.

For this reason, Musk said the time between the first and second flight of the first Block 5 booster will measure several months. While the first stage of the Block 4 Falcon 9 was limited to just a couple of launches, the first stage of a Block 5 rocket can reportedly lift off a total of 10 times - with the possibility of this being further extended to a massive 100 times with regular refurbishment.

"It would also speed up many aspects of our daily life". And this boost was achieved without an increase in mass, Musk added.

The company says the Block 5 variant can be re-flown as many as 10 times and can be easily refurbished between launches, which would drastically reduce the cost of a single launch.

SpaceX holds a multibillion-dollar contract with NASA to provide such taxi services.

According to NASA's current estimates, Boeing could conduct its first crewed test flight in November, and SpaceX should notch its first crewed test mission in December. Additionally, numerous small changes will help streamline recovery and re-usability of first-stage boosters.

There was additional element of stress on Musk and the SpaceX team, as the payload was the $250 million Bangabandhu satellite.

Falcon 9, the finest rocket of American firm SpaceX, started carrying the satellite to orbit from the Cape Canaveral launching pad at 4:14pm USA local time.

Development of the satellite programme, known as the "Bangabandhu Satellite Launching Project", was managed by the Bangladesh Telecommunication Regulatory Commission (BTRC) with technical support from Space Partnership International (SPI), SpaceX said in a press statement. SpaceX CEO and Founder Elon Musk spoke to his anxieties about the launch. Those astroanuts would fly on the same Block 5 model of the Falcon 9 rocket that launched on Friday.

The new Falcon 9 rocket took off on its maiden voyage to carry into orbit Bangladesh's first communications satellite, Bangabandhu-1.

The satellite launch, done on behalf the Bangladesh government, will allow internet access to all corners of the country.

The satellite will contain 40 transponders; Bangladesh will use 20 and rent out the rest. It marked a key milestone for the country and was celebrated throughout Bangladesh.

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