Iridium and SpaceX Sign Major Commercial Launch Contract
"Iridium Communications Inc. and Space Exploration Technologies (SpaceX) are pleased to announce that the Falcon 9 will be a major provider of launch services for Iridium NEXT, Iridium's next-generation satellite constellation. The $492 million contract, while being the largest single commercial launch deal ever signed, nonetheless represents a new benchmark in cost-effective satellite delivery to space."
Keith's note: so much for the SpaceX haters and doubters who are convinced that the company does not have a viable future independent of NASA.



To be fair Keith, "most" people's issue wasn't with the commercial viability of cargo transport. That fact has been proven many times over as a decent business model as long as you can keep your reliability up (those high end sats are quite expensive). The issue is more the business model associated with the commercial crew aspect of the SpaceX model.
However only time will tell, I am all for SpaceX raising whatever private money it can and doing everything it can to be the best aerospace transport into LEO it can be. As long as my tax payer money isn't funding it, if I am going to pay for it I would like NASA's safety office involved and that unfortunately makes things very expensive as we have seen on Orion.