SpaceX launches Block 5 version Falcon 9 rocket

FLORIDA (KGO) -- SpaceX launched a new era for its company. Their Block 5 version of the Falcon 9 rocket blasted off into space without a hitch Saturday night.

It can be re-used up to 10 times. That means it's much more economical, as the company tries to cut costs for missions.

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The rocket made a successful separation and landed on a drone ship in the Atlantic Ocean.

It's carrying a communications satellite that will provide data services in North and South America.