Keyword Analysis & Research: spacex

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Frequently Asked Questions

Is SpaceX the only private space company?

SpaceX is a private company, it's owned by a small group of investors (and employees) and stock is not publicly traded. However there are lots of other private companies in the space business. Scaled Composites was one, IIRC, and XCor and Armadillo and etc. are now.

Is SpaceX nearly bankrupt?

SpaceX Also Nearly Went Bankrupt In 2008, Musk's rocket company was nearly bankrupt. It was reportedly a $1.6 billion NASA contract that saved the company. Since then, SpaceX has raked in billions of dollars in government and commercial contracts for nearly 40 rocket launches that are slated to occur through the year 2017, according to Forbes.

How does SpaceX make money?

SpaceX makes the bulk of its money from engaging in just one activity: launching satellites into orbit. The company charges commercial customers a standard rate of $62 million per launch for this service.

Is SpaceX a private company?

SpaceX is a private spaceflight company that puts satellites into orbit and delivers cargo and, more recently, crew to the International Space Station (ISS). It was the first private company to send a cargo ship to the ISS, doing so in 2012.

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