SpaceX's business and finances: rockets, satellite communications and budding AI
Airfind news item
By Juby Babu
Published on April 1, 2026.
SpaceX, the largest private space company in the US, is preparing for its initial public offering (IPO), which could value it at over $1.75 trillion. The company, founded in 2002, operates more launches annually than any other company globally and offers launch services on its reusable Falcon 9 ‘rockets and is developing a larger "Starship". Its Starlink satellite communications network provides internet service to individuals and organizations, with more than 9,500 satellites deployed since 2019 to service over 9 million users globally. SpaceX's main rocket customers include NASA, the U.S. Department of Defense, international space agencies, and commercial satellite companies. CEO Elon Musk plans to start on Musk's long-held ambition of a city on Mars within five to seven years, but the company's primary focus is securing the future of civilization and the Moon.
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