UPDATE: The launch was a success. Watch the replay in the YouTube player below.
SpaceX CEO Elon Musk is attempting a run at history Tuesday afternoon with the scheduled launch of the SpaceX Falcon Heavy, a rocket with triple the thrust of SpaceX's famous Falcon 9 rockets.
Today's launch is scheduled to happen at 12:30 p.m. Central Time from Kennedy Space Center in Florida, with a window that will allow for launch all the way until 3 p.m., the New York Times reports.
You can watch the launch live via SpaceX.com or in the YouTube player below.
There's an 80 percent chance the launch happens as planned, the Times says. If weather pops up, they'll try again at the same time Wednesday.
It might blow up immediately
During a conference conference Monday, Musk said he's 50-50 on the chance of a successful launch. His main goal is simply keeping the rocket from blowing up on the launch pad, which the Times says would make the pad inoperable for up to a year.
"It will be a real huge downer if it blows up, but if something goes wrong, hopefully it goes wrong far into the mission so we at least learn what goes wrong along the way," Musk told Business Insider. "I'll just be happy if it clears the pad and doesn't blow the pad to smithereens."
A Falcon 9 rocket blew up on the launch pad in 2016 and the explosion was massive. The Falcon Heavy's explosion would be even more spectacular.
Adding to the fun is that the Falcon Heavy's payload will be Musk's cherry red Tesla Roadster, which he hopes will eventually live in space for millions of years.
The Falcon Heavy could change the space game
According to SpaceX, the Falcon Heavy can lift more than double the payload of any other rocket in the world, with a maximum capacity of 141,000 pounds, which is greater than the weight of a 737 jet filled with passengers, crew, luggage and fuel.
It's also a third the price of any comparable rocket in the world.
Falcon Heavy was designed to carry humans into space, with Musk's ultimate goal to someday bring people to Mars.