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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.
Elon Reeve Musk (/ ˈ iː l ɒ n m ʌ s k /; born June 28, 1971) is a businessman and political figure known for his key roles in the automotive company Tesla, Inc. and the space company SpaceX. 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 ...
Here's a look at the top execs redefining space exploration at SpaceX. Elon Musk. Cofounder, CEO, chairman, and chief technical officer. Executives Gwynne Shotwell. President and COO.
Musk provided half of his $180 million from PayPal stocks to the newly founded company securing both employees with two-years' worth of salary. The company was named "Space Exploration Technologies Corporation", originally with "S.E.T." as a shortened name, but it was quickly changed to be "SpaceX".
Elon Musk's space exploration business, SpaceX, got a lot of headlines late last year when it was valued at $350 billion -- a gain of more than $100 billion from its previous valuation, according ...
Elon Musk eyes more tests in 2025 SpaceX launched just two Starship flight tests in 2023 before increasing the demos to four in 2024, with the final one of the year taking place in November.
As early as 2007, Elon Musk publicly stated a personal goal of eventually enabling human exploration and settlement of Mars. [5] Subsequently, SpaceX has stated its goal is to colonize Mars to ensure the long-term survival of the human species, [6] proposing since the 2000s and early 2010s different concepts for reaching Mars, including space tugs.
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.