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The Dragon capsule represents the unicorn Aerospace market based on company valuation. The slices indicate the share in the market.
50% of the companies are situated in California, the only exception being in the UAE.
Space X took 10 years to be called an aerospace unicorn compared to the average duration of 6.2 years
3 out of the 8 unicorns achieved this milestone in record time - only 4years.
Number 2 ranked - Relativity Number 4 ranked- ABL Number 5 ranked- Epirus
Space X was the first ever to retrieve the rocket back to its target. The legs, fins, and algorithms took them 7 years to develop and ultimately led to reducing the cost of space travel by almost 10 times!
The launch price originally was $35k per kilogram on the Minotaur-C launch vehicle versus the $4k per Kilogram on Falcon 9.
The success of Space X paved the way for the next generation of Aerospace startups, and it also created excitement with venture capitalists to invest in the future of space travel.
This can clearly be seen as 75% of the companies in this industry reached Unicorn Status in the last 2 years. (2020-2022)
The latest 'Green' Rocket Fuel is actually Salmon-Colored.
Space X received $7bn in Funding since it started in 2002.
Musk used most of the proceeds from his PayPal stake to fund SpaceX. Elon contributed $100m in the early days by his own account.
NASA's budget for the financial year (FY) 2020 is $22.6 billion. It represents 0.48% of the $4.7 trillion the United States plans to spend in the fiscal year. Since its inception, the United States has spent nearly US$650 billion (in nominal dollars) on NASA.
Space X is ranked joined second based on company valuation.
AI company Bytedance who created TikTok is the Top Unicorn in the galaxy.
They were both born in Pretoria, South Africa. They worked together at PayPal. He is assisting Elon to buy Twitter by instructing his company to plow $800m into Musk's bid for Twitter, making him the second-highest financier on the list.
And of course, Elon has some fans