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Space Exploration Technologies Corp., is an American aerospace manufacturer and space transportation services company headquartered in Hawthorne, California.

3 August 2008

$20 million investment from Founders Fund

On August 4, 2008 SpaceX accepted a further $20 million investment from Founders Fund. In early 2012, approximately two-thirds of the company were owned by its founder and his 70 million shares were then estimated to be worth $875 million on private markets, which roughly valued SpaceX at $1.3 billion as of February 2012. After the COTS 2+ flight in May 2012, the company private equity valuation nearly doubled to $2.4 billion.