Space Exploration Technologies Corporation or SpaceX, a space-transportation startup company founded by Elon Musk has launched its first rocket into the space successfully on Sunday, Sep 28.

After disappointed of the 3 previous failed launches, the most recent Falcon 1 attempt on Aug 2 had an apparently perfect launch from Kwajalein Atoll before reaching an altitude of 135 miles (216km).

The rocket carries a 364-pound dummy payload for this demonstration test launch, the mass designed to simulate a satellite, will remain attached to the second stage, according to the company.

The company now is planning to launch more rockets into the space, they have already fixed the design issues which messed up the previous launches.

SpaceX is also developing “Falcon 9″ an EELV class launch vehicle for NASA which could be used for missions to International Space Station once the Space Shuttle fleet retires. Scheduled to launch in 2009