Elon Musk has debuted his new reusable spacecraft built by his company, Space X. The coned space capsule is called the Dragon V2, and is the updated version of his reusable Dragon cargo ship. It can hold up to seven astronauts, and is designed to bring them to outer space and back, landing under its own power instead of dumping into the ocean, the way older capsules do. SpaceX is in competition with several companies to create taxis for NASA as a replacement solution for the retired Space Shuttle program. Those new space taxis will replace the retired shuttle fleet and would mean that NASA no longer has to use Russian rockets and capsules to get their astronauts to space.