SpaceX founder Elon Musk today unveiled the Falcon Heavy, a modified version of the Falcon 9 (pictured) with three times the power.
SpaceX's new Falcon Heavy will compete with the largest commercial launchers available while maintaining cost effectiveness. It consists of a standard Falcon 9 with two additional Falcon 9 first stages acting as liquid strap-on boosters.
SpaceX engineers fire off a rocket engine during testing.
Engineers prepare the Falcon 9 for a demonstration.
SpaceX's Falcon 9 rocket sits idly on a launch pad in Cape Canaveral, Florida.
Falcon 9 blasts off on December 8 during SpaceX's historic test flight. It became the first company in history to re-enter a spacecraft from Earth orbit. This was the second flight of SpaceX's Falcon 9 rocket.
Dragon is a free-flying, reusable spacecraft developed to sit on top of the Falcon launch vehicles. On December 8th, SpaceX successfully launched Dragon into orbit before successfully recovering it, a first for private space-flight.
A side-by-side comparison of SpaceX's Falcons.
SpaceX's Falcon Heavy, a 27-engine booster will be ready for launch in one year. The rocket will be company's first entry into "heavy lift" launch, representing a major milestone in the burgeoning commercial space-flight industry.