:STATS

:TIMELINE
🚀💰📈
2002-03-01 | Elon Musk founds SpaceX with $100 million of his PayPal windfall, setting a stated goal of reducing launch costs by a factor of ten.
2008-09-01 | Falcon 1 reaches orbit on its fourth try, saving the company from collapse and securing a NASA Commercial Orbital contract.
2015-12-01 | A Falcon 9 first stage lands upright at Cape Canaveral, making reusable rocketry real for the first time in history.
2019-05-01 | The first 60 Starlink satellites launch. The broadband constellation is now the fastest growing internet service provider on Earth.
2021-04-01 | NASA awards SpaceX the $2.9 billion Human Landing System contract, displacing Blue Origin and anchoring Artemis.
2023-04-01 | Starship makes its first integrated flight test. Four subsequent tests prove the full stack can reach space and survive.
2024-12-01 | A secondary funding round values SpaceX at $350 billion, making it the most valuable private company in history by a wide margin.
2026-05-01 | Reports of a formal IPO process circulate, with bankers citing a valuation corridor between $1.5 and $1.77 trillion for a public offering.

:COUNTER
4 million Starlink subscribers worldwide

:NOTE.half
Starlink generates the bulk of current revenue, estimated at over $6 billion annually, and the subscriber count compounds at roughly 30 percent per year.
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:NOTE.half
Starship, once fully certified, is expected to cut launch costs per kg to orbit to below $100, potentially dwarfing the Starlink line in long run revenue.


:LINK
https://www.reuters.com/business/space/spacex-valuation-hits-350-billion-latest-funding-round-2024-12-11/
Reuters: SpaceX hits $350B valuation in December 2024 round