"April 5 (Bloomberg) -- Space Exploration Technologies Inc. plans to challenge Lockheed Martin Corp. and Boeing Co. with a new rocket called the Falcon Heavy, second in size only to the Apollo-era Saturn V, the chief operating officer said.
The rocket, capable of payloads of at least 117,000 pounds, will have more than twice the capacity of the space shuttle, which is retiring this year, or the Delta IV Heavy rocket made by United Launch Alliance LLC, a joint venture of Bethesda, Maryland-based Lockheed Martin and Chicago-based Boeing, said Elon Musk, CEO of Hawthorne, California-based SpaceX.