• ArunKumar

What is SpaceX? How was SpaceX started?

Updated: Dec 10, 2021

What is SpaceX?

First of all, SpaceX is a private company.

What is a private company?

You may ask. The difference between a private company and a public company is that the public company sells the stock, and is therefore publically traded.

Shareholders have an opinion on what the company is doing A private company, on the other hand, does not sell the stock, and no one can tell the company what to do.

On the other hand, "NASA" is not a company. They are an agency of the US Government. They are funded by your tax dollars, and all you have to do is call or write to your elected representatives to let them know your idea.

Finally, you can have private and public companies that work for the government. We call this deal. The company signs a contract claiming that the government will pay the company some money to do some work.

But since this is a deal funded by tax dollars, there is an expectation from the American people that the company will do what they have to do.

There is usually language in the contract that establishes that relationship. So in this case, it's a company, but the government can tell them what to do because of the

contractual relationship. Therefore, 'Elon Musk' is the owner and CEO of SpaceX. The owner of a company usually runs a company because they think they will make money from it. Sometimes they create the company because they believe for some reason, or because they like what they do in the company. But most of them do it for money. So, my guess is that 'Elon Musk' thinks he can make money doing what he does. So now,

What does SpaceX do? SpaceX has developed and is evolving, some different rockets can be used to carry objects to the ISS, as well as very high orbits such as geostationary. Human "cargo" (astronauts) ISS. They are working on obtaining the necessary certificates to take to. Their Falcon nine rocket could be configured to go to Mars. They are also working on a few other rocket projects, some, or none, or all of which may or may not be used by NASA for upcoming missions. Mr. Musk wants to try a lot of things, at great financial risk, in the hope that they can make a lot of money for him. I think he does a lot of it because he loves it. 'Billionaire entrepreneur said in a tweet that 'Elon Musk' in will land his starship rockets on Mars before SpaceX 2030. In February the private space agency raised about $ 850 million in equity funding, exploding in an attempt to land after a prototype test of its starship rocket but The SN9 prototype is a test model of the heavy-lift rocket developed by SpaceX to carry humans and has produced 100 tons of cargo for future missions to the moon and Mars. 'Elon Musk',

Who leads several futures companies including

Tesla Inc,
Boring Co.

And Musk said that "the most difficult gateway is to make the Mars-based alpha self-sufficient." The first 'orbital flight' is scheduled for the end of this year. Musk has told Japanese billionaire Yusaku Maezawa that he wants to fly around the moon by starship in 2023.

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