Is This Private Rocket Company the Next SpaceX?

Earlier this year, privately owned rocket company Relativity Space made a curious decision. The maker of 3D-printed rockets -- which is something that sounds like a science project, but actually involves rockets big enough to put 1.5-ton payloads in orbit -- had just launched its first "Terran 1" rocket to space. The rocket didn't go fast enough, however, missed its intended orbit, and fell back to Earth.

Instead of figuring out what went wrong and trying again, however, Relativity decided to declare victory, junk its Terran 1 design, and proceed directly to building an even bigger reusable rocket, the "Terran R."

Image source: Getty Images.

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Source Fool.com