SpaceX’s Unlikely Journey From Far-Out Idea to $2 Trillion Juggernaut

Article excerpt

Elon Musk once estimated SpaceX had less than a 10 percent chance of success when he founded the rocket company, a stark contrast to its current $2 trillion valuation. What began as a far-fetched idea to make rockets reusable and dramatically cut launch costs has transformed into one of the world's most valuable companies, fundamentally reshaping the space industry. The company's Starship program and commercial ambitions have attracted enormous investment and government contracts. SpaceX's improbable rise from long-shot venture to industry titan reflects both Musk's willingness to bet on moonshot technology and the market's appetite for disruption in aerospace.