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Baron Capital Group·

SpaceX: Lift Off!

Summary

  • SpaceX began trading on the Nasdaq on June 12, 2026, following the largest initial public offering on record.
  • The company was founded in 2002 by Elon Musk to increase access to space.
  • SpaceX accounts for more than 80% of the mass carried into orbit each year.
  • The company averages three rocket launches per week.
  • Starlink operates more than 11,000 satellites as of September 2026.
  • Starlink has over 13 million active subscribers, which is more than double the number at the close of 2024.
  • Starlink services are available in more than 170 countries and territories.
  • SpaceX has launched more than 705 times since its inception.
  • About 85% of SpaceX missions have utilized a flight-proven booster.
  • Seven boosters have each flown at least 25 times as of September 2026.
  • Falcon 9 launch costs were approximately $2,700 per kilogram in 2010.
  • Falcon Heavy launch costs were approximately $1,400 per kilogram in 2018.
  • Historical launch costs were approximately $18,500 per kilogram.
  • Starship stands 407 feet tall with over 16 million pounds of thrust.
  • Starship has an anticipated payload capacity of up to 200 metric tons.
  • Starship V3 can launch 100 tons of payload to orbit in a reusable configuration.
  • Starship Test Flight 14 occurred on September 28 and successfully achieved orbit.
  • Test Flight 14 deployed 26 Starlink satellites.
  • SpaceX was awarded multi-billion-dollar contracts for the Human Landing System under NASA's Artemis Program.
  • Starlink Enterprise has secured more than $6 billion in government contracts.
  • American Airlines announced plans to install Starlink across its mainline jet fleet.
  • Starlink serves approximately 150,000 vessels consuming 50 petabytes of data monthly.
  • Over 300 cruise ships are subscribed to Starlink, serving 20 million passengers annually.
  • SpaceX received approval in October to deploy 15,000 Starlink satellites for direct-to-device connectivity.
  • Starlink Mobile plans to launch in 2027 to provide a 5G-like experience.
  • X has over 1.3 billion supported accounts with approximately 600 million monthly active users.
  • X generates about 350 million posts daily.
  • Approximately 117 million monthly active users utilize Grok AI features.
  • Grok token consumption has tripled since the release of Grok 4.5.
  • Grok 5 is scheduled for release by the end of 2026.
  • SpaceX acquired Cursor in August.
  • SpaceX plans to develop Starmind, a network of orbital data centers powered by solar energy.