Elon Musk's brainchild, SpaceX, is once more advancing in its dream of making space flights more affordable. The company is about to perform another milestone as they are set to launch a recycled rocket to space.

To do so, SpaceX is mastering the art of reusing rockets. First, by landing rockets safely on solid ground, and then by reusing space rockets that obviously will cut the cost of space flights.

SpaceX has been delivering cargo to the International Space Station (ISS) using its Falcon 9 rocket and Dragon spacecraft. In an attempt to lower the cost of space flights, Musk and his team of space flight engineers are trying to land rockets on solid ground. The company was able to perform this feat more than four times, proving that they have what it takes to reuse rockets.

Today, the company is one more step closer to realizing its dream of reusing rockets, as SpaceX is about to launch a recycled rocket from Earth to space. SpaceX signed an agreement with SES, a satellite operator, to launch a communications satellite using a recycled rocket, according to Fortune.

The company is looking at launching the rocket late this year. Reports say that SpaceX will launch its reusable rocket with a discounted price.

SES, as a customer of SpaceX, is said to get a discount by using a recycled space rocket. Although both companies disclosed no exact figure for the launch, the discount SES will get is said to amount to $62 million, according to CNN.

SES announced the partnership on Twitter last Aug. 30, with Musk confirming the deal on the same social media platform. "Thanks for the longstanding faith in SpaceX. We very much look forward to doing this milestone flight with you," Elon Musk, SpaceX CEO said in a Tweet.

SpaceX is one of the most trusted and most popular commercial space flight companies. It is also one of NASA's developers that are expected to create space capsules that can send crew to the ISS and back. Together with Boeing, the two companies are expected to launch their space shuttle by 2018.