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• SpaceX is a company that aims to reduce the cost of space transportation with the long-term goal of creating a colony on Mars.

• Elon Musk started SpaceX with one ultimate goal: to send humans to Mars. While the company launches satellites for NASA and communication companies, those launches are a means to an end. In order to sustain his business and make enough money to eventually make humans a multi-planetary species, it's going to take a lot of money.

• SpaceX facilitates employee-led groups that build community around social identities and common interests, fostering connections across the company. They provide opportunities for employees to develop skills, learn about topics of interest from speakers, gather socially and support one another.

• Back in 2018, the finance outlet estimated that SpaceX makes $1.3 billion per year. Quora user Haseeb Ahmad, an electronics engineer, wrote that SpaceX could be making even more than that, given its $4.2 billion contract with NASA in 2017, and its 60 launches (worth $7 billion).

• The Series K funding brought in $536 million, raising the value of SpaceX to $33.3 billion . In 2019, SpaceX had roughly 160 million outstanding shares, priced at $204 per share. The company's valuation has increased steadily as it has raised fundings to develop advanced rockets and spacecraft over the past decade.

• Why are SpaceX rockets cheaper? Reusable Rockets: From day one of SpaceX, Elon insisted on rocket reusability. ... Fairing recovery and reuse: A payload - satellites - seats on top of a rocket. ... Vertical Integration: Initially, SpaceX tried to outsource a few of their rocket parts from 3rd party vendors. ... More items...

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.

Back in 2018, the finance outlet estimated that SpaceX makes $1.3 billion per year. Quora user Haseeb Ahmad, an electronics engineer, wrote that SpaceX could be making even more than that, given its $4.2 billion contract with NASA in 2017, and its 60 launches (worth $7 billion).

The Series K funding brought in $536 million, raising the value of SpaceX to $33.3 billion . In 2019, SpaceX had roughly 160 million outstanding shares, priced at $204 per share. The company's valuation has increased steadily as it has raised fundings to develop advanced rockets and spacecraft over the past decade.