SpaceX lands rocket back on Earth

SpaceX last night successfully completed a historic vertical landing of its Falcon 9 rocket.

The rocket put 11 small satellites into low orbit for Orbcomm's new satellite network before returning to Earth and landing.

It's the first time such an act has been done, and it could substantially reduce the cost of space flights. Typically, rockets are not reusable.

Blue Origin, founded by Amazon CEO Jeff Bezos, stuck a landing last month, but SpaceX founder Elon Musk said that was different because it was a suborbital trip.

Read more from NBC News.