A US space company founded by an Elon Musk has become the first private venture to successfully blast a rocket into Earth's orbit. Falcon 1, a liquid fuel rocket built by Space Exploration Technologies, or SpaceX, took off from the Kwajalein Atoll in the Pacific Ocean on Sunday and successfully reached orbit more than 300 miles above the surface of the Earth carrying a dummy payload. Musk wants NASA to use his rockets.
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