SpaceX

SpaceX

Designs, manufactures, and launches rockets and spacecraft

About SpaceX

Simplify's Rating
Why SpaceX is rated
A+
Rated A+ on Competitive Edge
Rated A on Growth Potential
Rated A+ on Differentiation

Industries

Aerospace

Company Size

10,001+

Company Stage

Late Stage VC

Total Funding

$11B

Headquarters

Brownsville, Texas

Founded

2002

Overview

SpaceX designs, manufactures, and launches rockets and spacecraft, aiming to make space travel more accessible and enable human life on other planets. Their main products include the Falcon 9 and Falcon Heavy rockets, which are used for launching satellites and cargo, as well as the Dragon spacecraft for transporting crew and supplies to the International Space Station. A key feature of SpaceX's technology is the development of reusable rockets, which lowers the cost of launches compared to traditional methods. This focus on cost reduction sets SpaceX apart from competitors in the aerospace industry. Additionally, SpaceX operates the Starlink project, a satellite internet service that aims to provide global broadband coverage. The company's goal is to revolutionize space technology and expand human presence beyond Earth.

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Simplify's Take

What believers are saying

  • Partnership with Airtel Africa expands Starlink's reach in underserved regions.
  • Relocation to Boca Chica may streamline operations and reduce launch costs.
  • Collaboration with Balkan News Agencies could open new markets in Southeast Europe.

What critics are saying

  • Relocation to Boca Chica may face logistical and regulatory challenges.
  • Starlink's expansion in Africa may encounter infrastructure and regulatory hurdles.
  • Partnerships for new satellite technology may face technological and geopolitical challenges.

What makes SpaceX unique

  • SpaceX is a pioneer in reusable rocket technology, reducing space travel costs.
  • The company offers comprehensive space services, from satellite launches to crewed missions.
  • SpaceX's Starlink project aims to provide global broadband coverage via satellite internet.

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Funding

Total Funding

$11025.1M

Above

Industry Average

Funded Over

14 Rounds

Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison
Coming Soon

Benefits

Benefits and Perks - Our employees’ well-being is important to us and essential to our capacity to do extraordinary things. We offer a wide variety of programs to support the health, wellness, and financial security of our employees and their families.

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

1%
TechTrendsKE
May 5th, 2025
Airtel Partners with SpaceX to Offer Starlink Connectivity in Africa

Airtel Africa announced today an agreement with SpaceX to bring Starlink's high-speed internet services to its customers in Africa.

Silicon Africa
May 5th, 2025
Airtel Africa Partners With SpaceX to Extend Starlink to Rural Communities

With Airtel Africa partners with SpaceX, the future of internet access in Africa is looking brighter than ever.

The Rio Times
May 1st, 2025
Musk Moves to Create America's First City Dedicated to Space Exploration

SpaceX relocated its headquarters from California to Boca Chica in 2024.

ABNASE
Apr 30th, 2025
PM Ciolacu hails partnership with SpaceX for development of new satellite technology

'I am pleased that Association of Balkan News Agencies - Southeast Europe is partnering with a leading American company, SpaceX, owned by Elon Musk, to develop new satellite technology.

U.S. Securities and Exchange Commission
Apr 29th, 2025
SEC FORM D

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.The reader should not assume that the information is accurate and complete.

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SpaceX is Hiring for 945 Jobs on Simplify!

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