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.

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

Learning quickly from early Falcon rocket failures and clashes with vendors and safety regulators, the company has focused on reusability as a first step to reaching Mars and is backed by NASA funding to do so.

See how SpaceX has impacted costs throughout spaceflight history

The cost of one SpaceX launch today is estimated to cost 97% less than the price of a Russian Soyuz rocket in the 1960s, a price reduction providing access to many smaller manufacturers and transforming the industry.

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.

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.

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.

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.

Listen to a podcast that explains why Elon Musk is creating a 'company town' in Texas

Elon Musk is recreating an old tradition of large corporations creating "company towns" where their workers can live. In his case, the town, which he is calling "Snailbrook," is being created for SpaceX and some of his other companies in Bastrop, Texas, a small community roughly 45 minutes outside of Austin.

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.

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.

Space archaeology studies space trash in the context of heritage and social meaning

Some orbiting objects, such as Elon Musk's Tesla, have symbolic or historical importance, despite being functionally worthless. The oldest human-made object in Earth's orbit is Vanguard 1, a grapefruit-sized satellite launched in 1958. The strangest may be an experimental, inflatable space station containing live cockroaches.

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.

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.

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.

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.

Elon Musk once tried to make himself CEO of OpenAI

After three years of funding the company since its 2015 launch, Musk believed OpenAI had fallen too far behind Google and proposed taking the helm. Rejected by OpenAI's other founders, Musk walked away and reneged on a $1B donation. (Some users may experience a paywall.)

Born to a well-off family in South Africa, Elon Musk left for Canada in 1989 before heading to the US

Musk was bullied as a child in South Africa, and even recalled being punched in the face, per a recent Walter Isaacson biography on the entrepreneur.

Space travel sparked inventions we now use every day

Technologies developed for space exploration produced lasting spinoff innovations—from camera phones to memory foam—displaying how the space race reshaped everyday life here on Earth

How to visualize the enormous wealth of Elon Musk

The disruptive innovator and founder of SpaceX and Tesla is worth hundreds of billions of dollars, an unimaginable sum. This simple interactive visual uses pixels (representing $1K each) on a scrolling screen to demonstrate the billionaire's wealth compared to other known financial values, like the cost of building a Boeing 777 or the net worth of Tiger Woods.

The X-37B is America's secretive long-duration space plane

The second iteration of the Space Race is already heating up between the US and China, with both countries working to develop technologies for space superiority. Among those, the X-37B has stoked fears in Beijing that the vehicle could one day deliver powerful weapons from space.

The Polaris Dawn was a privately crewed spaceflight

SpaceX's Crew Dragon capsule Resilience spent five days in low Earth orbit as part of the first of three planned missions under the name Polaris Dawn. The historic journey took participants farther away from our planet than anyone has been since the Apollo missions.

Only 34% of Americans supported the Apollo program in 1967

After a fire killed three astronauts on the launchpad of Apollo 1, the public became ambivalent about funding the multibillion-dollar program until the successful moon landing in 1969. The landers alone cost $388M, while each spacesuit cost $100,000.

Revisiting the short-lived 1960s space race theme park in Alabama

In 1964, a Huntsville, Alabama, entrepreneur announced a $5M space-themed park amid the burgeoning space race—just as Walt Disney was quietly planning a similar futuristic park outside Orlando. Space City USA collapsed by 1966, leaving only concrete ruins in a housing development.

India's space program began in a church at Earth's magnetic equator

As the US pushed to land a man on the moon, NASA looked for global partners to help map the conditions of the sky above Earth for launches. After Pakistan's initial attempt was sidelined, India pushed to be that partner. This long read details key episodes of frugality and ingenuity in India's space race, including its beginnings at St. Mary Magdalene Church in Thumba.

Space telescope development was driven by a desire to bypass Earth's atmosphere

The most important figure in the effort to create what would become the Hubble Space Telescope was Lyman Spitzer, who first proposed a telescope in orbit in 1946. The nearly 50-year endeavor led to space-based observatories, which are not limited by Earth's atmosphere absorbing or distorting most wavelengths of light.

Tesla plans to eliminate the use of rare earth elements in future vehicles

At a 2023 Investor Day event, Elon Musk outlined steps to focus Tesla's efforts on climate action rather than new vehicle models. Musk estimates the transition to carbon-free, sustainable energy will cost $10T.

Viking established entry, descent, and landing methods for future planetary visits

The most significant engineering challenge was slowing the Viking lander, which would move through space at nearly 29,000 kilometers per hour before reaching Mars. This required the invention of supersonic parachute technology, which is still used today.

The International Space Station is made up of two incompatible segments

Before collaborating due to financial difficulties, Russia and the US had independently been working on developing their own space stations. A specialized adapter was created to connect the Zarya and Unity modules and create the foundation for the ISS.