Technology Magazine May 2022 | Page 191

SpaceX
TOP 10

02

SpaceX

Valuation :
US $ 100.3bn
Founded by famous entrepreneur and Tesla owner , Elon Musk , in 2002 , Space Exploration Technologies - or SpaceX - is an American aerospace manufacturer and provider of space transportation services . Musk founded the company with the goal of reducing space transportation costs . SpaceX is the first private company to successfully launch , orbit , and recover a spacecraft , and the first private company to send a spacecraft to the International Space Station . The company is developing a satellite internet constellation named Starlink to provide commercial internet services . In January 2020 , the Starlink constellation became the largest satellite constellation ever launched . Also in development is Starship , a privately funded , fully reusable , super heavy-lift launch system for interplanetary spaceflight . Starship is intended to become SpaceX ' s primary orbital vehicle , once operational .
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