Both previous launches of the Falcon 9 rocket occurred later than initially scheduled.
The company successfully developed its own launch vehicle, the Falcon 9 rocket, and its own spacecraft, called the Dragon.
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Unexpected high temperature inside one of the Falcon 9 rocket's engines prompted an automated shutdown less than a second before liftoff.
Liftoff of the Falcon 9 rocket, its Dragon capsule filled with food, supplies and science experiments, had been scheduled for 4:55 a.m.
The flight will be scrubbed for at least three days if the company's 18-story Falcon 9 rocket and teardrop-shaped Dragon capsule aren't ready.
Blasting off from Florida's Cape Canaveral into overcast skies following a flawless morning countdown, the 157-foot Falcon 9 rocket's engines performed as expected.
The two-stage Falcon 9 rocket uses nine engines to generate 855, 000 pounds of thrust, and is capable of carrying more than than 7, 000 pounds of cargo.
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At 180 feet tall and 12 feet in diameter, the Falcon 9 rocket is tiny in comparison to the football-field-long Saturn V rockets that carried Apollo spacecraft into orbit.
The Sunday flight -- dubbed CRS-1 -- will have the Dragon capsule piggybacking on a Falcon 9 rocket to punch through the atmosphere while carrying more than a thousand pounds of cargo.
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The CRS-2 supply mission, operated by Hawthorne, California-based SpaceX, lifted off successfully on a two-stage Falcon 9 rocket from Launch Complex 40 at the Cape Canaveral Air Force Station in Florida at 10:10 AM Eastern time.
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We have heard a lot about SpaceX and how its Falcon 9 rocket will soon be used to send cargo and astronauts to the space station, but the upstart is also after a sizeable chunk of the satellite-launch market as well.
Last year, the company tried to launch its "Falcon 1" rocket, but it caught fire on the way up.
His company, Space Exploration Technologies (or "SpaceX"), is developing a rocket called Falcon 1.
The preferred rocket, Falcon Heavy, has to yet to be tested by its makers, SpaceX, even though the Mars One plan calls for the first demonstration flight to land on Mars in 2016.
Private company SpaceX is developing its own rocket family, Falcon, capable of sending seven people to any space station.
He tells the broadcaster that the Ariane 5 rocket stands "no chance" in the face of the Falcon 9 and Falcon Heavy systems from his own SpaceX outfit, as it's more expensive to use -- and the contrast will only get worse when a cheaper, next-generation Falcon 9 arrives, he says.
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The Falcon 1 is the first in a line of vehicles the SpaceX company hopes will shake up rocket services.
BBC: The new Falcon 1 rocket has been lost on its maiden flight.
In fact, data from every Falcon 1 launch was used to make our two Falcon 9 flights a huge success, which is even more remarkable when you consider that 50% of new rocket designs fail in their first launches.
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