Connecticut Company Purchased By SpaceX

A prominent company owned by billionaire Elon Musk has purchased a parachute maker based in Connecticut. SpaceX has purchased the Pioneer Parachute Company of Manchester for $2.2 Million. Their history goes back decades and their parachutes were used in the D-Day invasion of World War II. The purchase comes following the bankruptcy filing of the parent company of the historic Connecticut parachute maker… Aviation Safety Resource.