On Dec. 17, 2012, space-tech start-up SpaceX conducted a 29-second test flight in McGregor, Texas, sending its new Grasshopper experimental launch vehicle 131 feet into the air -- then landing it right back on the ground, safely.
From all appearances, folks, Elon Musk, the man who brought you Tesla Motors (TSLA -2.71%) and SolarCity (SCTY.DL) has done it again, and is on his way to developing a reusable rocket ship.
So does it look like all systems are "go" for a third Musk-sponsored IPO? And what does this mean for SpaceX's rivals? Listen in, as Fool contributor Rich Smith explains the implications...
