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.

SpaceX
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

Tech

Latest Special Reports

  • In a world of big box retail and e-commerce, successful business owners are taking new paths to Main Street success.

  • Cyber Security Concerns In The Global Wake of Hacking Threat

    Cyber Report features ongoing coverage of cyber threats, data breaches, and the the latest cybersecurity innovations from business and government working together to prevent hacking.

  • FA 100 square

    As the need for high-level financial advice grows, wealth managers handling high-net-worth clients grow more important.