Elon Musk has confirmed his plans to launch a SpaceX rocket from Cape Canaveral, Florida, on its maiden mission, launching it from a space station.
The Falcon 9 rocket will use an upgraded version of its Falcon Heavy rocket engine that Musk has said could be able to fly to Mars at a cost of around $20 billion.
Musk has also said he would be willing to sell off his stake in SpaceX if the company failed.
The first flight will be from the Cape Canaveral Spaceport in Florida, the company said.
The launch will be the first flight for the company’s Falcon Heavy booster since Musk announced his plans in September 2016, when he announced that the company was to launch the first-stage booster for a new rocket from the Baikonur Cosmodrome in Kazakhstan.
SpaceX has already successfully launched two satellites from the spaceport: the first satellite launched in 2016, and a third in 2017.
The company launched its first satellite, a Chinese satellite, into orbit in 2018, but the first rocket it successfully launched failed to reach orbit.
The US government has said that SpaceX’s rocket was not meant to go into orbit.
SpaceX also has the Falcon Heavy as one of its two launch vehicles, but has not yet announced plans to use that rocket to launch its next satellite.
The two rockets are currently flying missions to the International Space Station and commercial cargo flights.
Musk said he had received a “significant number of emails” from people in the US who are interested in participating in the launch, and that he hopes to make a decision on whether or not to send the rocket to space in 2018.
Musk previously said that the Falcon 9 engine would be able deliver about 1,500 pounds of payload to the space station in just under 30 minutes.
The rocket is also able to land its first stage on the space dock, although SpaceX has not confirmed whether it has already done so.
The firm also said that it would send its rocket back to Earth and return it to space with a parachute, which it would then deploy on a Dragon capsule, which will be used to ferry the rocket back up to Earth.
Musk’s SpaceX company has been working to develop a reusable rocket that could be reused for commercial flights.
SpaceX said in May that it was “in the final stages of finalizing” a plan to launch cargo to the ISS with the Falcon 10 rocket, a booster that would carry the first crew to the station and deliver supplies to the orbiting laboratory.
The plan was originally proposed to be a Falcon 9 launch, but Musk later said that he would not launch the booster for several reasons.
SpaceX had to cancel plans to bring back its first crewed mission to the Space Station earlier this year, due to the fact that it had lost the ability to re-enter Earth’s atmosphere after a series of problems with the engine.
The last mission, scheduled for 2020, will not be reused.
Musk is also currently working on a reusable spaceship that could carry cargo to Mars.
The SpaceX company said in June that it will launch a test flight of the spaceship from a launch pad in Virginia, after successfully sending a capsule into orbit on a rocket in 2018 and successfully launching it again.