SapceX was seeming much confident while talking about their new launch of the first recycled rocket on Thursday.

In this rocket, a booster has been used to send food and supply to the astronauts living at the International Space Station in April.

The target of the launch which has been scheduled to take place at 6:27 pm from Cape Canaveral, Florida, will send a communications satellite for Luxembourg-based company SES into a distant orbit.

The white Falcon 9 rocket contains a tall, column-like portion known as the first stage, or booster, propelled the unmanned Dragon cargo ship to space last year, then returned to an upright landing on an ocean platform.

Internet entrepreneur Elon Musk headed the California-based company SpaceX and the company has for years been honing the technology of powering its boosters back to careful Earth landings on solid ground and in the water.

Therefore it was a successful try and landed eight—five on so-called “drone ships” floating in the ocean, and three on land.

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Musk has said that their target is to make rocket parts just as reusable as cars, planes or bicycles.At present millions of dollars worth of rocket, parts are discharged after each launch.

According to SpaceX officials, the re-use of hardware could slash costs—with each Falcon 9 launch costing over $61 million—by about 30 percent.

Causing a number of murmurs, the process is still uplifting concerns for both customers and SpaceX.

The global investment banking firm Jefferies International in an April report said they include they include “worries about it failing, insurance implications, retrofitting turnaround, building up a critical mass of reused first stages in the warehouse”

“But the direction of travel is clear”, the report added further.

SpaceX competitor Blue Origin, run by Amazon.com founder Jeff Bezos was also successful in landing its New Shepard booster after launch, by powering its engines to guide it down for a controlled, upright landing.

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A statement on Blue Origin’s website stated, “Reusability allows us to fly the system again and again” 

“With each flight, we’ll continuously improve the affordability of space exploration and research, opening space for all”

But Martin Halliwell, chief technology officer at SES, has refused to declare the exact amount invested in that particular launch took place on Thursday.

In a press conference describing the historic nature of the launch, he said “I think we are on the edge of quite a significant bit of history here”

“Now we are here to be the first ever mission to fly on a pre-flown booster”

“This is obviously hugely exciting”, he stated further while speaking on the topic.