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SpaceX was founded by Elon Musk in 2002 with a vision of decreasing the costs of space launches, paving the way to a sustainable colony on Mars. In 2008, when SpaceX was almost bankrupt, Falcon 1 successfully launched into orbit after three failed launch attempts.
SpaceX also needed a test site for the Merlin and Kestrel engines. In 2002, the company rented a space at the Mojave Air and Space Port to test the turbopumps, but soon SpaceX ran into issues with the testing facility: one time, black sooty clouds from the turbopump enveloped the air traffic control tower. A bigger and more lax testing facility ...
Elon Reeve Musk (/ ˈ iː l ɒ n m ʌ s k /; born June 28, 1971) is a businessman known for his key roles in the space company SpaceX and the automotive company Tesla, Inc. He is also known for his ownership of X Corp. (the company that operates the social media platform X, formerly Twitter), and his role in the founding of the Boring Company, xAI, Neuralink, and OpenAI.
SpaceX made its most important hire in 2002 when Gwynne Shotwell joined as vice president of business development. Shotwell is a former high school cheerleader who is trained as an engineer but ...
Musk founded SpaceX in 2002, and it was valued at about $350 billion during the latest round of staff share purchases. Musk is worth an estimated $455 billion, per the Bloomberg Billionaires Index ...
In April, Musk, who founded SpaceX in 2002, said the first uncrewed starship to land on Mars would be within five years, with the first people landing on Mars within seven years.
Space Exploration Technologies Corp., commonly referred to as SpaceX, is an American space technology company headquartered at the Starbase development site near Brownsville, Texas. Since its founding in 2001, the company has made numerous advancements in rocket propulsion , reusable launch vehicle , human spaceflight and satellite ...
Founded in 2002, SpaceX has deep ties to Los Angeles. In 2007, it moved into a former Northrop Corp. facility off Crenshaw Boulevard that it has rapidly expanded.