Spacex: General Characteristics and Perspectives


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SpaceX is a company that focuses on rockets and space equipment. Their main goal is to launch humans into outer space and make other planets habitable for humans. The company was founded on May 6, 2002. The CEO is Elon Musk he created the company when he sold a company called “zip2” it was a company that provided maps and directions to online newspapers. In 2002 is when “HP” bought the company for 22 million dollars. So not soon after is when Elon Musk set out to create “SpaceX “.

SpaceX has a lot of property out there but they own a headquarters building in Hawthorne California. They mainly design rockets and space crafts. They have 3 vehicles and over 100 contracted launches. They have over 10 facilities in the United States of America. They have an estimated 6,000+ employees. Five of the facilities are SpaceX offices, and three other facilities are launch facilities, one is a development facility and the last one is a headquarters.

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As of May 30, 2018, SpaceX’s launch services has been the only source of revenue for the company. They have earned 2 billion in 2018. But in 2019 the company could be worth an estimated 32 billion dollars. SpaceX’s focused demographics are on companies that need satellites and companies that send rockets to other planets. SpaceX also makes focuses on rockets that allow humans to travel and live in space.

SpaceX has no slogan but they do have a company logo. SpaceX has three vehicles and they are called the Falcon 9, Falcon Heavy, and the dragon. SpaceX made history in 2012 when the rocket called “the dragon” was the first to deliver cargo and an international space station ever. SpaceX gets 62 million dollars every time the Falcon 9 is launched and 90 million when the Falcon Heavy is launched. The company gained a lot of fame when they launched a car into outer space. Elon Musk also has another company called “Tesla”. Elon Musk owns 54% of SpaceX’s stock and he has voting control over 78% of outstanding shares.

He recently had a lot of controversy because of him smoking marijuana on a podcast with Dana White the president of the “UFC”. It cost him a lot it made his stock go down by billions of dollars because of it. Two executives from his other company “Tesla” jumped ship. On September 17, 2018, SpaceX announced that a man called Yusaku Maezawa a famous art creator will be the world’s first passenger to fly around the moon in 2023. They are focusing on a mission to Mars.

SpaceX has many projects but the main goal for them is to complete a mission to Mars. SpaceX has also helped “NASA”. The company has faced many hardships like creating rockets that work because not all of them work the first time so they have to start from the ground up and fix the issues. Another problem is funding for their projects because it is expensive to create a rocket and new technology and development.

SpaceX had changed the game when it comes to anything about space. When someone hears SpaceX they think most cutting edge technology and best in the business. They have also sent humans to earth’s orbit in a privately manufactured rocketship. The company has also gained international recognition for their achievements. They also have created space suits for people when they achieve their goal and allow them to enter space.

The average employee that works at SpaceX makes about 62,777 to 119,270 thousand dollars a year. That’s the average employee but if they are a COO they can make 270,134 dollars a year. That is a lot of money for a person to be making. A few months ago SpaceX did a launch that created an object in the sky and people thought the end of the world was happening but they had launched an object into outer space that left an image.

The reason for Elon Musk creating SpaceX was him noticing that there were no new developments in space travel. This was after he had just cashed in in his other company’s. He got the idea to send mice to mars and he took a trip to Russia to go and purchase a rocket and he noticed that they were overpriced for each rocket and he left while he was on an airplane back home he realized that he can make them and make them less cost-effective so he borrowed spaceship books and created the company with his friends and started hiring employees.

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