Space Exploration Technologies Corp. (SpaceX)

Space Exploration Technologies Corp, commonly known as SpaceX, is a U.S.-based aerospace manufacturer and space transportation company. Founded in 2002, SpaceX designs, manufactures, and launches advanced rockets and spacecraft, providing services such as satellite launches, cargo resupply missions, and crewed missions to the International Space Station. The company also operates Starlink, a satellite internet constellation providing global broadband service.

— Space Exploration Technologies Corp. (SpaceX)
%
Launch Services40% Includes Falcon 9, Falcon Heavy, and Starship launches
Connectivity50% Starlink satellite internet services for consumers and enterprises
AI and Compute Services10% AI infrastructure and compute capacity for third parties

SpaceX serves a diverse range of customers including international and government entities, enterprises, and consumers...

  • Governmentprimary

    Launch services for national security and space missions

  • Enterprisesprimary

    Starlink internet for diverse industries

  • Consumerssecondary

    Global broadband access via Starlink

  • AI Companiesemerging

    Compute infrastructure for AI applications

SpaceX operates globally, with significant activities in the United States, where it serves as a primary launch...

  • •United States: Primary launch operations and government contracts
  • •Global: Starlink provides worldwide internet coverage
  • •International: Satellite launches for various countries
  • •Remote areas: Internet service expansion via Starlink

SpaceX's strategic priorities include expanding its Starlink satellite internet service, advancing the development of...

01
Expand Starlinkmedium-term

To capture global broadband market

02
Develop Starshiplong-term

Enable deep space missions

03
Enhance AI Infrastructureshort-term

Support AI applications

SpaceX faces risks related to the technical challenges of space missions, regulatory compliance, and competition in the...

critical

Technical failures

Complexity of space missions

Materiality
high
high

Regulatory changes

Impact on launch operations

Materiality
medium
high

Competition

Growing satellite internet market

Materiality
high
Revenue recognition
Capital expenditures
Impairment assessments

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: 16.6.2026