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SpaceX: Revolutionizing Space Exploration Space Exploration Technologies Corp, or SpaceX, a Texas-based company founded by Elon Musk in 2002, has fundamentally reshaped the space launch industry. Its initial goal—reducing space launch costs—has been met with remarkable success. Early cha...
- Company type Private
- Founded March 14, 2002 (23 years ago) (2002-03-14) in El Segundo, California, U.S.
- Founders Elon Musk
- Headquarters SpaceX Starbase, Cameron County, Texas, U.S.
- Revenue US$4.6 billion (2022)
- Net income US$-559 million (2022)
- Number of employees 13,000+ (September 2023)
- Subsidiaries Starlink, Swarm Technologies, Pioneer Aerospace
- Website www.spacex.com
SpaceX history
Last Updated : 27/03/25, 08:04 PM
SpaceX: A Revolution in Space Exploration Founded in 2002 by Elon Musk, SpaceX aimed to drastically reduce space launch costs and improve reliability. Early challenges included Falcon 1 launch failures, nearly bankrupting the company. However, the successful fourth launch in 2008, coupled with NASA'...
SPACEX NEWS
Musk reorganizes xAI after SpaceX merger and ahead of blockbuster IPO
February 12, 2026 9:34 am
SpaceX is preparing for one of the biggest IPOs ever after announcing last week it would purchase xAI to create a $1.25 trillion company with plans to go public later this year to help finance Musk's ambitions to put data centers in space.
SpaceX to prioritise building self-growing city on moon, Musk says
February 10, 2026 8:59 am
He said last year that he aimed to send an uncrewed mission to Mars by the end of 2026.
'Not developing a phone': Elon Musk shuts down reports of SpaceX Starlink device
February 07, 2026 8:54 am
Musk had previously said that a Starlink connected phone was "not out of the question."
After crossing $800 billion, Elon Musk says ‘money can’t buy happiness,’ Internet reacts: ‘Send me 1 million dollars’
February 05, 2026 2:24 pm
According to Forbes, Elon Musk’s net worth recently surged past the $800 billion-mark following SpaceX’s acquisition of AI venture xAI.
Top 10 largest unicorns in the world 2025–26: SpaceX–xAI merger at $1.25 trillion; India’s most valuable unicorns revealed
February 11, 2026 5:58 am
Top 10 largest global unicorns in 2025-26: The total number of unicorns has grown to 1,290, with the US, China, and India remaining the dominant markets and collectively accounting for 942 unicorns, which is more than 80% of the global unicorn ecosystem’s total value, WIPO noted.
SpaceX acquires xAI in record-setting deal as Musk looks to unify AI and space ambitions
February 03, 2026 9:26 am
Elon Musk forges one of tech’s most ambitious mergers yet, folding xAI into SpaceX to fuse artificial intelligence, space and defense into a single trillion-dollar powerhouse.
Why does Elon Musk want to put AI data centers in space?
January 30, 2026 9:49 am
If space-based AI computing is the future, SpaceX is ideally placed to operate AI-ready satellite clusters or facilitate the setting up of on-orbit computing.
Ailing astronaut returns to Earth early in NASA's first medical evacuation
January 15, 2026 6:10 pm
SpaceX guided the capsule to a middle-of-the-night splashdown in the Pacific near San Diego, less than 11 hours after the astronauts exited the International Space Station.
Elon Musk’s SpaceX valued at $800 billion, as it prepares to go public
December 14, 2025 10:12 am
SpaceX has amassed billions of dollars in funding over the years from investors including Founders Fund and Google’s parent company, Alphabet, but Musk maintains the largest individual stake.
Elon Musk's SpaceX to raise over $25 billion in blockbuster 2026 IPO, source says
December 10, 2025 9:55 pm
The company's move towards a public listing, which could rank among the largest global IPOs, has been largely driven by the rapid expansion of its Starlink satellite internet business, including plans for direct-to-mobile service and progress in its Starship rocket program for moon and Mars missions.
SPACEX PHOTOS
In Pics: NASA astronauts Sunita Williams, Butch Wilmore return to Earth after 286 days in space
March 19, 2025 12:20 pm
Williams and Wilmore spent 286 days aboard the International Space Station (ISS).
Meet the two NASA astronauts from SpaceX Demo-2 mission
May 31, 2020 8:28 am
NASA and SpaceX have rescheduled Demo-2 mission to International Space Station with NASA astronauts Robert Behnken and Douglas Hurley.
In Pics: SpaceX-NASA next launch on May 30; photos of the delayed launch
May 28, 2020 6:38 pm
SpaceX NASA Demo-2 test flight launch delayed to March 31. Here are some images from before the delay was announced.
SpaceX Falcon 9 rocket landing: Here's everything you need to know
May 28, 2016 11:39 am
SpaceX Falcon 9 rocket successfully landed for the third time on a droneship in the Atlantic ocean. Here's all you need to know.
SpaceX's Falcon 9 launches into space, and lands back safely: Here are all the pics
December 22, 2015 3:13 pm
A SpaceX Falcon 9 rocket blasted off from Florida on Monday, soared back to Cape Canaveral and landed safely near its launch pad. Here's a quick look at the pictures.
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