Elon Musk Unveils Spacexs New Spacesuit
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In 2001, Musk conceived Mars Oasis, an idea to land a miniature experimental greenhouse on Mars, containing food crops growing on Martian regolith, in an attempt to reawaken public interest in space exploration.  In October 2001, Musk traveled to Moscow with Jim Cantrell (an aerospace supplies fixer), and Adeo Ressi (his best friend from college), to buy refurbished Dnepr Intercontinental ballistic missiles (ICBMs) that could send the envisioned payloads into space. The group met with companies such as NPO Lavochkin and Kosmotras; however, according to Cantrell, Musk was seen as a novice and was consequently spat on by one of the Russian chief designers.  The group returned to the United States empty-handed. In February 2002, the group returned to Russia to look for three ICBMs, bringing along Mike Griffin. Griffin had worked for the CIA's venture capital arm, In-Q-Tel, as well as NASA's Jet Propulsion Laboratory, and was just leaving Orbital Sciences, a maker of satellites and spacecraft. The group had another meeting with Kosmotras and were offered one rocket for US$8 million. Musk considered the price too high, and stormed out of the meeting. On the flight back from Moscow, Musk realized that he could start a company that could build the affordable rockets he needed.  According to early Tesla and SpaceX investor Steve Jurvetson, Musk calculated that the raw materials for building a rocket were only 3 percent of the sales price of a rocket at the time. It was concluded that[by whom?], in theory, by applying vertical integration and the modular approach employed in software engineering, SpaceX could cut launch price by a factor of ten and still enjoy a 70-percent gross margin. [better source Ultimately, Musk ended up founding SpaceX with the long-term goal of creating a true spacefaring civilization.