Elon Musk founded SpaceX after being unable to purchase affordable rockets abroad

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.

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.

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.

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.

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.

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.

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...

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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

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.

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.)

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.)

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.

Learn how the Soviets won the early space race

This video traces how Cold War arms competition transformed rocketry into a symbol of global power, following pioneers like Tsiolkovsky and von Braun through World War II and into the 1950s, culminating in the Soviet Union’s launch of Sputnik I in 1957.

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.

The Russian Federal Space Agency enabled the first space tourism journey

NASA refused to take Dennis Tito, who had no formal training as an astronaut, up to the International Space Station. Instead, the American engineer and entrepreneur traveled aboard the Soyuz TM-32 mission and described the initial experience of microgravity after engine shut-off as the "most spectacular" part of the flight.

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.

NASA purchased about 60% of all integrated circuits from 1961 to 1965

The US government adopted the new technology to support the development of the Apollo Guidance Computer, which would help astronauts fly to the moon. This drove manufacturing up and costs down, setting the stage for the modern computing era.

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.

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.

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 rockets emit up to 100 times more CO₂ per passenger than airplanes

Rocket launches release significant amounts of water vapor, nitrous oxide, and rocket propellants, which generate greenhouse gases and air pollutants. High-altitude emissions can persist for years, affecting the ozone layer.

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.

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.

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.

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.

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.

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 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.

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.

The space race ended with a handshake in orbit in 1975

On July 17, 1975, American and Soviet astronauts docked their spacecraft during the Apollo–Soyuz mission, symbolically ending the space race and marking the first joint spaceflight between Cold War rivals.

BYD overcame Tesla via state backing, cheaper cars, and vertical integration

The one-time battery company eclipsed Tesla in total sales in 2024. The Chinese-backed manufacturer targets low- to mid-tier cars and builds 75% of its components in-house. Its cars typically retail at half the cost of similar Tesla models.

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.

Lasers could be the most cost-effective tool for clearing dangerous space debris

A NASA study found that lasers from ground- and space-based systems could utilize the momentum of light to safely push smaller debris out of their orbits. These systems would need to be accompanied by amendments to international space law, which prevents any nation from touching debris from another country, among other strategies.

Construction of small, affordable starter homes has decreased 75% since the 1970s

Rising costs aren’t the only thing stopping first-time homebuyers from buying real estate—only 9% of recent new construction is for starter homes. The majority of new housing construction focuses on higher-end buyers due to the increased cost of land, labor, and resources.

One dad, one hundred babies

A look at the companies offering surrogacy to the ultrarich—including Chinese men taking their reproductive cues from Elon Musk.