SpaceX is valued at around $400 billion and is critical for U.S. space access, but it wasn't always the powerhouse that it is today.Elon Musk founded SpaceX in 2002. Using money that he made from the sale of PayPal, Musk and his new company developed their first rocket, the Falcon 1, to challenge existing launch providers."There were actually a lot of startup aerospace companies looking to take on this market. They recognized we had a monopoly provider called United Launch Alliance. They had merged the Boei ...

Core Viewpoint - Cathie Wood predicts that SpaceX's valuation could reach $2.5 trillion by 2030, driven primarily by Starlink and Starshield [1] Group 1: Valuation Projections - Current valuation of SpaceX is estimated at $350 billion, with a projected growth to $2.5 trillion by 2030 [1] - This projection implies a compound annual growth rate (CAGR) of 38% from the $350 billion valuation starting from a financing round in December 2024 [1] Group 2: Comparisons with Other Companies - ARK expects Tesla's market value to reach $8 trillion by 2029 [1] - The total value of Elon Musk's companies is anticipated to exceed $10 trillion by 2030 [1]