Artemis Space Technologies

SpaceX

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SpaceX

SpaceX is an aviation and aerospace company that designs, manufactures, and launches advanced rockets and spacecraft.

Space Exploration Technologies Corporation (SpaceX) is a space-transportation startup company founded by Elon Musk. It designs, manufactures, and launches advanced rockets and spacecraft. It is developing the partially reusable launch vehicles Falcon 1 and Falcon 9. Originally based in El Segundo, SpaceX now operates out of Hawthorne, California, USA.

SpaceX was founded in June 2002 by Musk who had invested $100 million of his own money in the company as of March 2006. In January 2005, SpaceX bought a 10% stake in Surrey Satellite Technology Ltd.

SpaceX had 160 employees in November 2005, and more than 500 by July 2008. The launch crew in the Marshall Islands has 25 people, 6 in mission control. This small number, compared to similar space launch companies, is part of cost reduction. Musk sees other space-launch services’ high prices as supporting unnecessary bureaucracy. He’s stated that one of his goals is to improve the cost and reliability of access to space by a factor of ten.

Elon Musk stated after the failure of the third Falcon 1 flight attempt, “As a precautionary measure to guard against the possibility of flight 3 not reaching orbit, SpaceX recently accepted a significant investment. Combined with our existing cash reserves, that ensures we will have more than sufficient funding on hand to continue launching Falcon 1 and develop Falcon 9 and Dragon”; on August 4, SpaceX released further details; they had accepted a USD$20 million equity investment from the Founder’s Fund.

Founded in 2002, the SpaceX team now numbers over 500, located primarily in Hawthorne, California, with four additional locations: SpaceX’s Texas Test Facility in McGregor near Waco; offices in Washington DC; and launch facilities at Cape Canaveral, Florida, and the Marshall Islands in the Central Pacific.

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Categories

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Headquarters Regions 

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Founded Date

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Founders

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Operating Status

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Funding Status

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Last Funding Type

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Number of Employees 

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Legal Name

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Hub Tags

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IPO Status

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Company Type

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Website

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LinkedIn

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Twitter 

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Contact Email

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Phone Number

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Aerospace, Manufacturing, Space Travel, Transportation

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Greater Los Angeles Area, West Coast, Western US

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June 2002

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Elon Musk

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Active

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Late Stage Venture

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Series J

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1001-5000

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Space Exploration Technologies Corporation

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Unicorn

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Private

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For Profit

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www.spacex.com

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https://www.linkedin.com/company/spacex

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media@spacex.com

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310-363-6000

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