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Company
SpaceX
Made orbital rockets routinely reusable, cutting the cost of reaching space.
- Legal name
- Space Exploration Technologies Corp.
- Founder
- Elon Musk
- Founded
- 2002
- Country
- United States
- Industries
- Aerospace, Manufacturing
The problem
Rockets were historically discarded after a single flight, which kept the cost of reaching orbit extremely high.
The innovation
SpaceX developed boosters that return, land, and fly again, and manufactured much of the vehicle in-house to control cost and iteration speed.
Why it mattered
Reuse and vertical integration lowered launch costs and increased flight cadence.
Lasting impact
Reusability reset expectations for the entire launch industry.