VTOL rocket

SpaceX showed off a video of a recent test of their ‘grasshopper’ rocket, one that has the ability to land vertically (it takes off vertically too, but that’s kinda taken for granted with a rocket, ya know?). This is fantastic technology for it may lead to truly reusable rockets, which should dramatically lower the costs of getting into orbit, or even landing on the Moon or Mars.  Check out the video below.  It’s impressive, for the rocket gained some significant altitude for a test like this (~300′?) before coming back down for a landing.