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The rocket, whenever it launches, is meant to carry a communication satellite for Bangladesh called the Bangabandhu 1, from Launch Complex 39A at Kennedy Space Center.

"Targeting Falcon 9 Block 5 launch of Bangabandhu Satellite-1 on May 10 from Pad 39A in Florida", the company wrote on its official Twitter account, following a successful static fire test on May 4.

- Crews are getting ready to launch the ' "Falcon 9 Block 5" rocket from Cape Canaveral on Thursday afternoon.

The launch window, as mentioned above, opens at 4:12 pm EDT and will run until 6:22 pm EDT.

According to Elon Musk, the new Falcon 9 Block 5 can be used up to 100 times with minimal revision.

Musk said he'd like to see a single Block 5 rocket fly three or four times by the end of 2018.

The reason Musk calls Falcon 9 Block 5 the "final version" is that SpaceX's 6,000 employees are shifting almost all of their engineering efforts to focus on the company's Big Falcon Rocket.

The Block 5 features a number of upgrades that should increase the rocket's reliability and reusability, SpaceX reports.

After it completes 10 flights, the Block 5 will be inspected and repaired, then used in 10 more flights.

A SpaceX Falcon 9 rocket, with the Dragon spacecraft on board, launches from NASA's Kennedy Space Center in Florida on June 3, 2017.

On board the rocket is the country of Bangladesh's first communications satellite.

SpaceX also launched its first Falcon Heavy rocket earlier this year, with the test flight laying the foundations for ambitious future missions. Boeing also holds a NASA crew contract and will continue to fly agency astronauts to and from the International Space Station using a capsule named the CST-100 Starliner and United Launch Alliance Atlas V rockets.