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On Aug. 1, 1968, NASA cancelled the production of its Saturn V rocket.

The giant rocket was the only launch vehicle to have ever carried astronauts beyond low-Earth orbit, and it was the largest, most powerful rocket ever. NASA built 15 of these rockets but only flew 13 of them. When NASA made the decision to stop building the Saturn V, it was almost a year before Apollo 11 astronauts would walk on the moon for the first time. A federal budget deficit and the rising costs of the Vietnam War led Congress to slash nearly three-quarters of the funding that President Johnson had allotted for the Apollo program. The last Saturn V launched in 1973, and it was originally supposed to send Apollo 18 to the moon. However, that mission was canceled, and that Saturn V launched the Skylab space station instead.

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00:01On this day in space. In 1968, NASA canceled the production of its Saturn V rocket. The giant
00:08rocket was the only launch vehicle to have ever carried astronauts beyond low earth orbit and it
00:12was the largest most powerful rocket ever. NASA built 15 of these rockets but only flew 13 of
00:18them. When NASA made the decision to stop building the Saturn V, it was almost a year before Apollo
00:2311 astronauts would walk on the moon for the first time. A federal budget deficit and the rising
00:28cost of the Vietnam War led Congress to slash nearly three quarters of the funding that
00:32President Johnson had allotted for the Apollo program. The last Saturn V launched in 1973
00:37and it was originally supposed to send Apollo 18 to the moon. However, that mission was
00:42canceled and that Saturn V rocket launched the Skylab space station instead. And that's
00:46what happened on this day in space.
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