Elon Musk founded SpaceX in 2002 after initially attempting to purchase ballistic missiles in Europe and Russia, hoping to launch a rocket carrying a plant or animal to Mars to spark global interest in colonizing the planet, but found them too expensive.

See how SpaceX has impacted costs throughout spaceflight history.

SpaceX was built to achieve Elon Musk's vision of making humans an interplanetary species.

How SpaceX Made Space Affordable

SpaceX has cut launch costs by over 95%—from $54,000 per kilogram to around $2,000—reshaping how we access space.

Elon Musk's $100M investment in SpaceX was lost to three failed rocket launches

The attempts with Falcon 1 endangered the company's future but provided valuable information from which to iterate and follow up with the successful first privately funded orbital launch in history and multiple ISS resupply missions.

Elon Musk's will to launch: the early days of SpaceX

Radically reducing the cost of rockets and innovating totally new space vehicles originated in the singular force of Elon Musk's vision. In this podcast, Founders creator David Senra shares what he learned reading a book about SpaceX's beginnings, highlighting Musk's audacious refusal to follow industry conventions and promotion of a culture of action and speed. Learn more insights from the founder here.

Overcoming industry skeptics, SpaceX provides low-cost, high-publicity spaceflights

From recovering and reusing rocket components to launching a mannequin and Tesla into orbit to the tune of David Bowie's "Starman," Elon Musk drove public interest and government contracts to his company as he transformed space launches into spectacles.

A quick guide to everything SpaceX

SpaceX has single-handedly reignited commercial space exploration, with its reusable rockets, broadband satellite constellation, and plans to populate Mars. The company has gone from a mere idea in 2002 to the world's most well-known private space company. Learn the basics about this pivotal company with this quick guide from CNET.

A primer on SpaceX's primary rockets and spacecraft

SpaceX has developed several lines of rockets, from its workhorse Falcon 9 to the visionary Super Heavy rocket of the company's Starship designed for massive payloads. Each iteration costs millions of dollars and came with scientific and economic challenges and several are no longer in development. Learn more about the company's roster of rockets and craft here.

NASA and SpaceX combine public support and funding with private enterprise

Rather than competitors, SpaceX and NASA are mutually beneficial collaborators. Without NASA contracts, SpaceX may have run out of funding, and without the low-cost tech of SpaceX, NASA may have been left without a US-based launch system.

SpaceX's S-1 or 'prospectus' revealed many previously unknown details about the company

Those revelations include the company's unprofitability despite doing $18.7B in revenue in 2025, exactly how many voting shares Elon Musk will have in the company (roughly 85%), and more.

The 3D-printed rocket maker competing with SpaceX

Producing rockets cheaply and at scale may require atypical manufacturing processes like those developed by Relativity Space, a 3D-printer of rockets. Relativity hopes to not just compete with, but beat, SpaceX in the race to get the first...

As of 2022, Blue Origin, Virgin Galactic, and SpaceX are the primary space tourism companies

Blue Origin offers 11-minute suborbital flights for $28M, while Virgin Galactic provides a 90-minute suborbital flight for $450,000. SpaceX offers orbital flights for $55M, including trips to the International Space Station, and plans to offer civilians trips to the moon by 2030.

The reusability of Falcon 9's first stage rocket has slashed launch costs

Unlike older rockets left to sink in the ocean, the first stage was designed to steer itself back for a controlled landing on a sea-based barge. Refurbishment of these components are half the cost of building new.

A lunar 'satellite catapult' revives a 50-year-old idea for launching rockets

Elon Musk has proposed building a mass driver on the moon to fling satellites into space, exploiting low gravity to cut fuel and costs. The concept dates to 1970s space-settlement studies, highlighting how older industry ideas are resurfacing amid today's AI and space-infrastructure race.

How reusable rocket boosters work

Reusable rockets drastically reduce the costs of space travel, saving agencies and companies millions of dollars by preserving expensive, complex boosters and their engines. The advancement required engineers to develop systems that restarted a booster in mid-flight to slow it down before landing.

SpaceShipOne was the first privately built spacecraft to reach the boundary of space

The rocket-powered aircraft was built by Richard Branson's company Virgin Galactic. The English business magnate has described being inspired to go to space since he was a child watching NASA's moon landings.

Watch a supercut of the various iterations of SpaceX's Starship rocket

The first version, called Starhopper, was named with the vision of developing rocket stages that could safely land after use, enabling reusability to cut costs. The endeavor was an enormous engineering challenge that required years of testing.

See how SpaceX compares to history's other largest IPOs.

Millions of Americans will be invested in SpaceX because of the fast-tracked process to list SpaceX on the Nasdaq 100, and, subsequently, the index funds that track it.

Blue Origin, Jeff Bezos’ aerospace company, sent its first passengers to space in 2021

Founded in 2000, Bezos spent many years working on the company as a side project before it became more well-known around 2004, when a plot of land in Texas was purchased as a launch site for the company’s rockets. He has said that the goal of Blue Origin is to build “reusable space vehicles.” This resource details what passengers experience from takeoff to landing on a Blue Origin flight.

View the docket of future SpaceX launches

SpaceX has established an efficient schedule for launches of ISS crew shuttles and Starlink satellites, with blastoffs occurring just under once every four days in 2023—a pace that has since accelerated as the company has won more contracts.

Billionaires are racing to space to control future markets

Although different companies have described focuses ranging from luxury tourism to Martian space colonies, all are building infrastructure to capitalize on the shift away from government-only control and betting big on reusability and scale. By securing public contracts and subsidies, they aim to develop strategic partnerships toward dominance in low Earth orbit.

Starship is the space travel ship that rides atop the world's largest rocket

SpaceX hopes to use the vehicle for both interplanetary travel and shorter flights around Earth. At 30 feet wide, it allows for more storage and headspace for inhabitants than previous NASA spacecraft.

In 2021 US dollars, space shuttles cost $65,400 per kilogram, making them the most expensive spacecraft for payloads greater than 20,000 kilograms.

NASA was founded in response to early Soviet space achievements

Although starting behind in the Space Race in 1958, NASA became a global leader in humanity's exploration of space with the Apollo program, which placed astronauts on the moon. Since then, it has been responsible for the construction of multiple telescopes, the International Space Station, and development of the Artemis program to return humans to the Moon before eventually reaching Mars.

Elon Musk's first company was an online business directory called 'Zip2'

Musk started the online alternative to Yellow Pages in 1995 with his younger brother. Musk sold the company for $305M in 1999.

Space tourism opportunities have been explored since the end of the Apollo era

In the 1970s, Rockwell International, a NASA contractor, and others investigated manufacturing passenger modules that could fit into the Space Shuttle's payload bay. NASA also opened spaceflights to nongovernment professionals, but many such programs were ended after the Challenger disaster, which killed the first Teacher in Space participant.

Elon Musk claims cutting costs fast was the only way to stop X from dying

Laying off 80% of X's workforce, says Musk, was required to avoid a financial collapse within months of him purchasing the platform. In 2023, he claimed X would be cash-flow positive within the year as advertisers returned to the platform.

Listen to a podcast that explains why Elon Musk is creating a company town called 'Snailbrook' for SpaceX and some of his other companies in Bastrop, Texas, a small community roughly 45 minutes outside of Austin.

SpaceX has launched thousands of its Starlink satellites into low-Earth orbit

Every launched batch of satellites contains roughly 60 of the desk-sized gadgets. The batch is released at random into an initial orbit, and it takes time for them to naturally spread out enough before operators begin unfolding their antennae.

Elon Musk follows a five-step decision-making process when simplifying technology

He begins by determining whether how something has been previously done is—in his words—"dumb," or if a certain feature should even exist, let alone be optimized. This first principles method has helped him develop some of the most valuable companies in the world.

Although it drew inspiration from spaceplane concepts of the 1920s, the Space Shuttle program began to take shape after the Space Race, as the US sought to establish a space station and a reusable transportation system for astronauts and satellites.

Explore a timeline of advancements in American aviation

From the Wright brothers' flight of the first powered plane in 1903 near Kitty Hawk, North Carolina, to SpaceX's debut of the Falcon 9 rocket in 2010 with reusable boosters, this interactive shows off the technological evolution of flight, from mechanical propulsion to ballistic spaceflight. (Some users may experience a paywall.)

The Boring Company was created by Elon Musk in 2017

While it started out as a subsidiary of SpaceX, the Boring Company became an independent entity in 2018. Musk started it with the aim of helping reduce city traffic via underground tunnels.

Falcon 9's first stage is able to land within a 30-foot diameter target consistently

SpaceX's Falcon 9 rocket releases its reusable first stage hundreds of miles above the Earth's surface as it travels thousands of mile per hour. The stage often then lands on an autonomous ocean drone in the middle of the sea.

A short history of space exploration

Let us to take you back through the timeline of space exploration and its rich, fascinating history, starting in 1946, with a rudimentary German military rocket.

SpaceX's Crew Dragon was the first crewed spacecraft piloted by touchscreen

In May 2020, NASA astronauts flying SpaceX's Crew Dragon to the International Space Station used touchscreen controls instead of traditional switches and dials, a significant shift for astronauts and how they pilot and interact with spacecraft. (Some users may experience a paywall.)

Experts ponder nuclear rockets to send humans to Mars

Nuclear rocket technology might be the fastest, safest way to get to the red planet. But if NASA wants to go, it should start development now.

NASA's big dream that never came to life

Conceived in the early 1960s, the Sea Dragon was an audacious ocean-launched rocket design that would have dwarfed the Saturn V in both scale and payload—but its extreme engineering challenges kept it firmly on the drawing board.

The Columbia disaster contributed to the end of the Space Shuttle program and NASA's reliance on commercial partners such as SpaceX and Boeing to transport astronauts and cargo.

In 2018, SpaceX launched a Tesla Roadster into heliocentric orbit for publicity

As of February 2023, the vehicle and its mannequin driver—dubbed "Starman"—have completed three and a quarter revolutions around the sun. One paper estimated that the car has a 22% chance of crashing into Earth within the next 15 million years.

NASA's ESCAPADE mission will study Mars' atmosphere

The $80M mission—a collaboration between private companies, universities, and NASA—sent two copy machine-sized orbiters on a Blue Origin rocket to the red planet to study its magnetic field and atmospheric loss.

Read a timeline of all of Elon Musk's business ventures, from the software company Zip2 in the 1990s to Musk's Twitter acquisition.

In 2001, a $20M ticket officially kicked off space tourism

On that day, American businessman Dennis Tito became the first paying passenger to visit space, spending a week aboard the International Space Station. Since then, space participants have been members of suborbital flights, which do not require intensive training to prepare for.

Elon Musk joined Tesla in 2004, investing $30M and becoming chair

The company went public in 2010, raising $226 million in its IPO just two years after beginning production on its first car. Tesla's first Supercharger stations were launched in 2012 with six locations in California.

Starbase is SpaceX's testing ground for their most powerful rocket, Starship

Located near the southernmost part of Texas, the complex includes rocket bays, test pads, the "Rocket Garden" where flown, cancelled, or retired spacecraft are kept. The outdoor seating area of the site's private restaurant is covered in Mk1 Starship prototype flaps.

The space race of the 21st century is focused on a permanent lunar outpost

After decades of dormancy, NASA and SpaceX hope the Artemis program will provide opportunities for lunar resource extraction. Countries like India, China, and the UAE have also shown interest in developing future lunar economies.

NASA has partnered with several private companies to promote commercial space stations

The retirement of the International Space Station in 2030 has led NASA to refocus its efforts on continuing microgravity research through private partnerships, including the support of multiple commercial space stations' design and development.

A SpaceX spacecraft's battery debris survived reentry and crashed into a Florida home

Although NASA expected the debris to disintegrate after it was jettisoned from the International Space Station in 2024, the flight support component survived reentry. No injuries were reported from the incident.

SpaceX successfully caught a rocket booster in mid-air

As part of the fifth test flight of its Starship system, the Super Heavy booster used high-speed navigation systems, grid fins, and Raptor engines to steer itself onto the mechanical arms of a tower called Mechazilla.