SpaceX

Based in the US, Space Exploration Technologies Corp. doing business as SpaceX is a pioneering aerospace manufacturer and space transportation company, focused on advancing space exploration and satellite communications to facilitate missions beyond Earth. Founded in 2002 by Elon Musk, SpaceX is known for developing and launching advanced rocket and spacecraft technologies. The company operates from its headquarters in Hawthorne, California, and has successfully completed numerous missions for both government and commercial clients.

In February 2026, Xcellerant Ventures acquired a stake in SpaceX from unspecified investors. Financial terms were not disclosed. SpaceX's primary offerings revolve around advanced aerospace technology and satellite communications. The company’s flagship products include the Starship spacecraft and the Super Heavy rocket, designed as a fully reusable transportation system that can carry crew and cargo beyond Earth's orbit.

These vehicles facilitate human exploration of space, with specific missions targeting Earth orbit, the Moon, and Mars. Additionally, SpaceX operates Starlink, a satellite internet constellation providing high-speed broadband services to users globally, enhancing connectivity for streaming, gaming, and communications. Starlink's services are currently available in multiple geographical markets, including the United States, parts of Europe, and select regions in Asia and South America, catering to both individual consumers and businesses seeking reliable internet access. SpaceX generates revenue through a combination of launch services, satellite communications, and partnerships.

The company conducts business-to-business transactions, primarily through contracts with government agencies, such as NASA, and commercial customers requiring satellite launches or cargo resupply missions to the International Space Station. Starlink’s revenue model is based on subscriptions, where customers pay a monthly fee for access to internet services via the satellite constellation. The pricing structure typically includes an initial cost for the satellite dish and router setup, followed by a recurring subscription fee for continued access to the broadband service. This transactional framework enables SpaceX to maintain a steady revenue stream while expanding its client base across various sectors, including telecommunications and space exploration.

The company will use the February 2026 funding to expand its growth.