SpaceX
Classification
Private
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
About
About
Space Exploration Technologies Corp. (SpaceX), founded in 2002 by Elon Musk, is a private American aerospace manufacturer and space transportation company headquartered in Hawthorne, California, with its primary development site at Starbase, Texas. SpaceX aims to revolutionize space technology by reducing launch costs and enabling human colonization of Mars, making life multiplanetary. The company is the world's leading space launch provider, surpassing private competitors and national programs with over 400 successful launches by 2025. SpaceX designs, manufactures, and launches advanced rockets and spacecraft, operates the Starlink satellite internet constellation, and provides crew and cargo transport services to the International Space Station (ISS). Business/Product Breakdown SpaceX's operations span four core areas: launch services, satellite communications, spacecraft development, and space exploration. Its primary launch vehicles include Falcon 9 and Falcon Heavy, partially reusable rockets that deploy satellites, deliver cargo, and transport crews to orbit. Falcon 9, with over 300 launches, is the workhorse for commercial and government contracts, costing ~$60M per launch, significantly lower than competitors like United Launch Alliance. Starship, a fully reusable heavy-lift system under development, aims to carry 100,000 kg to low Earth orbit and support lunar and Martian missions, including NASA's Artemis program. Dragon spacecraft, in Cargo and Crew variants, services the ISS, with Crew Dragon being the first private spacecraft to transport astronauts (2020). SpaceX's Starlink constellation, with over 6,000 satellites, provides global high-speed internet to subscribers, generating revenue via subscriptions and hardware sales. In 2022, SpaceX launched Starshield, a Starlink-derived program for military payloads, securing contracts with the U.S. Space Development Agency. The 2021 acquisition of Swarm Technologies ($524M) enhanced IoT connectivity. Revenue streams include NASA contracts, commercial satellite launches (e.g., Amazon's $400M+ for Project Kuiper), Starlink subscriptions, and private spaceflight (e.g., Axiom Space's $165M ISS missions). SpaceX operates launch sites at Cape Canaveral, Kennedy Space Center, Vandenberg Space Force Base, and Starbase, with a new Starship factory in Bastrop, Texas, targeting 1,000 ships annually.
Keywords
Keywords
Classified
Private