---
title: "Elon Musk Set to Reveal A Breaking SpaceX Announcement"
description: "This year has already been a rather epic one for SpaceX and Elon Musk, and it's only February."
date: "2017-02-27"
modified: "2018-01-09"
authors:
  - name: "Jolene Creighton"
    link: "https://futurism.com/authors/jolene-creighton"
url: "https://futurism.com/elon-musk-set-to-reveal-a-breaking-spacex-announcement"
categories:
  - "Elon Musk"
  - "Future Society"
  - "Space"
  - "SpaceX"
  - "The Industrialists"
tags:
  - "elon musk"
  - "NASA"
  - "SpaceX"
---

# Elon Musk Set to Reveal A Breaking SpaceX Announcement

![](<https://futurism.com/wp-content/uploads/2017/02/elon-musk.jpeg>)
*SpaceX \<em\>Image: SpaceX\</em\>*

This year has already been a rather epic one for SpaceX and Elon Musk, and it's only February. Just last week, we saw [the Falcon 9’s third successful landing](<https://futurism.com/3-drone-footage-shows-amazing-view-of-falcon-9-landing>) on solid ground, a landing which took place alongside SpaceX’s first commercial rocket launch from NASA’s Kennedy Space Center.

The significance of these reusable rocket landings cannot be overstated.

Successfully reusing boosters is a *critical* part of bringing down the cost of launches, as we won’t have to build a completely new rocket for every single mission. According to SpaceX president [Gwynne Shotwell,](<http://spacenews.com/spacexs-reusable-falcon-9-what-are-the-real-cost-savings-for-customers/>) reusability is expected to lower the cost of launches by a staggering 30 percent.

This would allow for more frequent launches and, as a result, faster progress in both commercial spaceflight and our off-world research and exploration. But it seems that Elon Musk has something else up his sleeve.

SpaceX announcement tomorrow at 1pm PST

— Elon Musk (@elonmusk) [February 27, 2017](<https://twitter.com/elonmusk/status/836020571490021376>)

"SpaceX announcement coming at 1 p.m. PST," Musk wrote on Twitter yesterday. If you need some translation, that means that the reveal is set for 4 p.m. EST (2100 GMT).

Unfortunately, SpaceX representatives won't say anything more than simply "stay tuned." As a result, speculation abounds. Do they have an update on their [mission to get humans Mars](<https://futurism.com/elon-musk-has-a-new-timeline-for-humans-living-on-mars>)? News about the development of the Falcon Heavy rocket? Are they launching a new kind of program? Do they have a new major contract?

We will have to wait until this afternoon to see.

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