What is the mission of SpaceX?

SpaceX’s mission statement is “The Company was founded in 2002 to revolutionize space technology, with the ultimate goal of enabling people to live on other planets.” The statement spells out the purpose of the company. In fact, it also shows the ultimate impact SpaceX strives to have on humanity in general.

How Elon Musk got rich?

Musk’s wealth has ballooned partly because he hasn’t sold any of his Tesla stock for years, instead tapping banks for loans using his stake in the electric-vehicle maker as collateral. His fortune surged by over $10 billion in one day after Tesla became the first automaker to be valued over a trillion dollars.

What is the ultimate goal of SpaceX?

SpaceX designs, manufactures, and launches the world’s most advanced rockets and spacecraft. The company was founded in 2002 by Elon Musk to revolutionize space transportation, with the ultimate goal of enabling people to live on other planets.

What’s the difference between SpaceX and NASA?

Ownership of these two organizations: SpaceX is a privately organized company and the founder as well as the current owner is Elon Musk.

Is SpaceX the only private space company?

SpaceX is a private company, it’s owned by a small group of investors (and employees) and stock is not publicly traded. However there are lots of other private companies in the space business. Scaled Composites was one, IIRC, and XCor and Armadillo and etc. are now.

How does SpaceX make money?

SpaceX makes the bulk of its money from engaging in just one activity: launching satellites into orbit. The company charges commercial customers a standard rate of $62 million per launch for this service.