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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 ...
Using $100 million of the money he made from the sale of PayPal, Musk founded SpaceX, a spaceflight services company, in 2002. In 2004, Musk was an early investor in electric vehicle manufacturer Tesla Motors, Inc. (later Tesla, Inc.), providing most of the initial financing and assuming the position of the company's chairman.
As of 2024, SpaceX is the world's dominant space launch provider, its launch cadence eclipsing all others, including private competitors and national programs like the Chinese space program. [8] SpaceX, NASA, and the United States Armed Forces work closely together by means of governmental contracts. [9] SpaceX was founded by Elon Musk in 2002 ...
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 ...
"A day for the history books," engineers at SpaceX said as the booster landed. This engineering feat is unlike anything ever seen in orbital rocket technology, but Musk has been touting it for years.
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 ...
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 ...
Since its founding in 2002, the company has made numerous advancements in rocket propulsion, reusable launch vehicles, human spaceflight and satellite constellation technology. As of 2024, SpaceX is the world's dominant space launch provider, its launch cadence eclipsing all others, including private competitors and national programs like the ...