SpaceX

Quick read

SpaceX, aerospace manufacturer and launch services company, founded 2002 by Elon Musk, headquartered at Starbase, Texas. It conducts more orbital launches annually than any other provider, with Falcon 9 boosters having landed and reflown more than 630 times as of May 2026. The company filed for an IPO in 2026 expected to be the largest ever, and acquired xAI in February 2026, merging rocket and satellite capabilities with AI.

Key facts

Founded

2002

Founders

Elon Musk

Employees

13000

Sectors

hardware, ai

Website

spacex.com

Mission

Designs, manufactures, and launches reusable rockets and spacecraft to reduce space transportation costs and make human life multiplanetary.

Recent activity

• Jun 2026press
  SpaceX CFO Bret Johnsen released a 17-minute IPO roadshow video pitching the company's rocket, Starlink, AI, and X businesses to prospective investors ahead of the planned listing. businessinsider.com
• Jun 2026product
  SpaceX launched 2 Starshield satellites—a government variant of Starlink—during a Saturday-night Falcon 9 mission lifting off from Vandenberg Space Force Base at 9:24 p.m. spaceflightnow.com
• May 2026fundraise
  SpaceX filed its S-1 publicly on May 20, 2026, targeting a $1.75 trillion IPO valuation. The filing disclosed that the AI segment (which includes xAI and X) is currently loss-making, and that Class B shares carry 10 votes each, cementing insider voting control post-listing. reuters.com
• May 2026product
  SpaceX raised Starlink plan prices by up to $10/month, reversing a multi-year trend of average revenue per subscriber declining 18% between 2023 and 2025 as the company prioritized subscriber growth over ARPU. sacra.com
• Apr 2026product
  SpaceX completed its 12th Starship flight test, with splashdown confirmed. The company is targeting a long-duration flight and an in-space propellant transfer test—both tied to NASA's HLS contract—later in 2026 using the new Starship V3 architecture. spacex.com
• Apr 2026fundraise
  SpaceX confidentially filed for an IPO on April 1, 2026. Bloomberg later reported the valuation target rose above $2 trillion, with a potential listing as early as June 2026. Morgan Stanley, Goldman Sachs, and JPMorgan are competing for lead underwriter roles. nytimes.com
• Mar 2026fundraise
  Jetstream Venture Fund led an undisclosed Series J funding round in SpaceX on March 17, 2026, marking the fund's first investment in the company. tracxn.com
• Feb 2026investment
  SpaceX completed an all-stock merger with xAI on February 2, 2026—described by CNBC as the largest corporate combination in history—valuing SpaceX at $1 trillion, xAI at $250 billion, and the combined entity at $1.25 trillion. The deal folded X (formerly Twitter) into SpaceX's structure as part of an AI segment. keeptrack.space
• May 2026fundraise
  SpaceX filed IPO documents targeting a mid-2026 public offering, with analysts projecting a valuation above $1 trillion — potentially the largest IPO on record. Gwynne Shotwell holds 7.1 million Class B shares. cnbc.com
• May 2026product
  SpaceX targeted Starship Flight 12 for launch as early as May 21, 2026, continuing its rapid-iteration test program for the fully reusable launch system. x.com
• Apr 2026leadership
  SpaceX hired two programmers from Cursor — Andrew Milich and Jason Ginsberg — and made a $60 billion acquisition offer for Cursor, extending its software and AI talent push. cnbc.com
• Mar 2026fundraise
  SpaceX raised an undisclosed Series J round led by Jetstream Venture Fund, bringing total funding to $11.9B across 32 rounds. tracxn.com

Key people

Named individuals at the firm. We don't expose direct email or phone — use their LinkedIn for outreach.

• Elon Musk · CTO
• Ben Hylak · Employee
• Gwynne Shotwell · President & COO
• Bret Johnsen · CFO
• Tom Mueller · Founding employee, propulsion

Sources

• SpaceX — Wikipedia
• SpaceX's historic IPO plans — CNBC
• SpaceX Cursor acquisition offer — CNBC
• SpaceX Funding — Tracxn
• SpaceX — LinkedIn
• https://www.businessinsider.com/watch-spacex-ipo-roadshow-pitch-investors-2026-6
• https://spaceflightnow.com/
• https://www.reuters.com/legal/transactional/bound-mars-elon-musks-spacex-unveils-filing-blockbuster-ipo-2026-05-20/
• https://sacra.com/c/spacex/
• https://www.spacex.com/updates
• https://www.nytimes.com/2026/04/01/technology/spacex-ipo-elon-musk.html
• https://keeptrack.space/deep-dive/who-owns-spacex

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