First private company gets the OK for a moon shot

With approval from several government agencies, Moon Express Inc. is the first private company given the green light for flight to the moon.

The Silicon Valley-based company is planning its moon shot for 2017 in order to win Google’s $25 million Lunar XPrize.

According to CNNMoney, all Moon Express has to do is land a probe, move it 500 meters across the surface and transmit video of the journey.

Founders of the company said the trip will cost about $10 million.

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