Breaking History @miIndiaone - Twitter Profile

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28 days ago

🚀 The SpaceX Story — Elon Musk's Dream The Beginning After being ousted as CEO of PayPal, Elon Musk developed a deep interest in space exploration. When his friend Adeo Ressi asked about his future plans, Musk visited NASA's website — and was stunned to find that NASA had no concrete plan for a human mission to Mars. (Wikipedia) With a personal windfall of $180 million from the sale of PayPal to eBay for $1.5 billion, Musk now had the resources to pursue his most ambitious dreams. (Frederick) Founding SpaceX — 2002 On May 6, 2002, Elon Musk founded Space Exploration Technologies Corp. (SpaceX) in El Segundo, California, with a mission to reduce launch costs and enable Mars exploration. (Porter's Five Forces) Musk funded the venture with about $100 million of his own capital. Early plans included buying refurbished Russian ICBMs for a Mars Oasis concept — but the cost was too high, pushing Musk to build rockets himself. (MatrixBCG) The Darkest Hours — Falcon 1 Failures Between 2006 and 2008, the company's first three launch attempts of the Falcon 1 rocket all failed. These setbacks threatened the very existence of SpaceX. With funds running low and morale dwindling, Musk made a bold decision — he divided his remaining money between Tesla and SpaceX, giving both ventures just enough runway for one last attempt. (Frederick) Historic Victory — September 28, 2008 On September 28, 2008, SpaceX achieved a historic milestone: the Falcon 1 successfully reached orbit, becoming the first privately developed liquid-fuel rocket to do so. (Frederick) Milestone After Milestone SpaceX's achievements kept stacking up — 2010 — First private company to launch, orbit, and recover a spacecraft (Dragon) 2012 — First private company to send a spacecraft to the ISS 2015 — First vertical propulsive landing for an orbital rocket (Falcon 9) 2017 — First reuse of an orbital rocket 2018 — Falcon Heavy launched Elon Musk's own Tesla Roadster into orbit around the Sun 2020 — First private company to send astronauts to the ISS (History of Information) SpaceX Today — 2026 Today, SpaceX is the world's most valuable private company, with a valuation exceeding $210 billion, surpassing all competitors in launch frequency. (PESTEL ANALYSIS) In June 2026, SpaceX priced its IPO at $135 a share, valuing the company at approximately $1.77 trillion. (Britannica) Starlink, its global satellite internet project, is projected to reach 6 million subscribers by mid-2025, with a goal of 22,000 satellites by 2030. (PESTEL ANALYSIS) And the biggest dream of all? An uncrewed Starship landing on Mars by end of 2026, with human missions targeted for 2028. (PESTEL ANALYSIS) SpaceX's story isn't just about rockets — it's about one man's obsession with turning the impossible into reality. @SpaceX @elonmusk @grok @ChatGPTapp @chat

Fox News

@FoxNews

28 days ago

BREAKING: Elon Musk has become the world's first trillionaire. After SpaceX raised a record $75 billion in its IPO, Musk’s net worth shot up to top $1.1 trillion when the stock began trading Friday, putting him in an economic class of his own. Combined with his holdings in electric vehicle maker Tesla, as well as other investments and assets, Musk's net worth is now estimated at about $1.1 trillion. Musk's stake in the rocket and satellite company alone is now estimated at a staggering $690 billion, but it's also a life-changing moment for thousands of workers at the company who hold equity. Investors who watched Musk help turn Tesla into an automotive giant are now betting he can do the same in space and artificial intelligence, as SpaceX launches the largest IPO in history.

FoxNews's tweet photo. BREAKING: Elon Musk has become the world's first trillionaire.

After SpaceX raised a record $75 billion in its IPO, Musk’s net worth shot up to top $1.1 trillion when the stock began trading Friday, putting him in an economic class of his own.

Combined with his holdings in electric vehicle maker Tesla, as well as other investments and assets, Musk's net worth is now estimated at about $1.1 trillion.

Musk's stake in the rocket and satellite company alone is now estimated at a staggering $690 billion, but it's also a life-changing moment for thousands of workers at the company who hold equity.

Investors who watched Musk help turn Tesla into an automotive giant are now betting he can do the same in space and artificial intelligence, as SpaceX launches the largest IPO in history.

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