SpaceX might finally have a real competitor: the Chinese state-owned space program.China just caught an orbital rocket in a giant net in the middle of the ocean, on the rocket's very first flight!that's 2 world firsts in a single launch:1. no booster had ever been recovered this way. the rocket has zero landing legs. it flies itself back to a ship where 4 hooks catch a tensioned net stretched over the deck.2. no one had ever recovered a booster on a maiden flight. SpaceX crashed boosters for ove

Watch CNBC’s full interview with Morgan Stanley's Adam Jonas

SpaceX only works if Musk can get the cost down for each launch: Jim Cramer

SpaceX must now answer to the mechanics of the market, says Jim Cramer