This dragon will carry astronauts into space

(Photo: spacex.com)

The Dragon V2 is much more spacious than Soyuz which fits three crew members and has been NASA`s only way of sending American astronauts to space since the agency shut down its shuttle program in 2011.

This new spacecraft can carry seven astronauts and represents a "really big technological leap," billionaire Elon Musk, the co-founder and director of SpaceX, said at the unveiling of Dragon V2 at the company headquarters in Los Angeles.

SpaceX is one of the four companies picked by the National Aeronautics and Space Administration (NASA) to make a spacecraft that can carry astronauts to the International Peace Station. Other three companies are Boeing, Sierra Nevada and Blue Origin.