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SpaceX

What
Designs, manufactures and launches advanced rockets and spacecraft.

Disrupting
Government-led space transportation model, with the ultimate goal of enabling people to live on other planets.

Source: SpaceX

Headquarters: Hawthorne, Calif.
CEO: Elon Musk
Year Founded: 2002
Number of Employees: 3,000
Funding: N/A
Key Investors: Founders Fund, Draper Fisher Jurvetson and Valor Equity Partners (minority investors)

Vital Stats

  • In 2012 became the first private company to launch a spacecraft into orbit and return it safely
  • Successfully docked spacecraft at International Space Station in 2012
  • Musk hopes to establish an 80,000-person human colony on Mars at a projected cost of $36 billion to a public-private partnership.
  • Believes it can bring the cost of moving a person to Mars down to half a million dollars
  • Previous NASA estimates put cost of manned mission to Mars at $500 billion

On Disruption

"When legacy firms fail to innovate, start-ups jump into the market and thrive at the establishment’s expense. That’s disruption." -Gwynne Shotwell, SpaceX President

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