10 Things You May Not Know About Elon Musk SpaceX company

 SpaceX 


More than 40% of the world's population now knows about SpaceX. However, there is a lot of hidden information about the SpaceX company, which we will now explore.

Currently, SpaceX is so popular that the company's YouTube channel has over 6.5 million subscribers. LinkedIn account has 3 million subscribers. In addition, there are 16.5 million followers on Instagram.
The full name of SpaceX, is Space Exploration Technologies Corporation. It was founded in 2002 by Elon Musk. A lot of money is proposed for the creation of SpaceX company, it is billions of dollars. SpaceX created the first privately developed rocket, considered one of the greatest creations in the history of technology. 

From 2005 to 2009, SpaceX tried to launch an orbital launch vehicle named Falcon 1. But it failed four times in a row. At the same time, SpaceX's financial situation reached its lowest level. Many believed that this was the end of SpaceX. But in December 2008, NASA awarded SpaceX the first Commercial Reconnaissance Services (CRS) contract worth $1.6 billion. With this, SpaceX's financial position was stabilized again. At the same time, an improved orbital launch vehicle called the Falcon 9 was developed. It was successfully launched and returned to Earth in December 2010. With this event, there was a lot of talk about SpaceX for the first time around the world. Then, SpaceX launched its first commercial mission in 2013 for a private customer. Slowly, by 2015, SpaceX's assets grew to $12 billion. 

By the end of 2015, SpaceX launched the Falcon 9 again. This is an improvement over the previously launched Falcon 9. But unfortunately, the Falcon 9 rocket exploded and was destroyed within 2 minutes after lunch. 

In April 2016, the company achieved the first successful landing on the autonomous spaceport drone ship (ASDS) Of Course in the Atlantic Ocean.

As a recent incident, SpaceX launched its latest rocket on April 20, 2023. It was live broadcasting by a worldwide co-media agency. But unfortunately, it exploded within minutes of launch. It is the biggest ever developed rocket produced by SpaceX (https://www.youtube.com/watch?v=CCzz3Y6IqVA). But even after this happened, Mr Musk has said his company will try again in a couple of months. Elon Musk's is a person who never gives up. Even when Elon Musk's SpaceX rocket explodes and destroys his plans, he continues to pursue his goals.

The Business Life

I am Graduated from the Open University of Sri Lanka with a Bachelor of Management Studies Special in Marketing Degree. I Completed SLIM PCM Course and OUSL Management Diploma. My main objective is to share my experience with you about management, economics, and marketing other related factors.

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