In the fiscal year 2022, the U.S. space agency NASA awarded Musk's company about $2 billion in contract volume out of its total approved budget of $24 billion. SpaceX received 25 percent more funds than in 2021 and overtook Boeing as the agency's second-most-awarded contractor.Of this, private equity provided approximately $200 million, with Musk investing approximately $100 million and other investors having put in about $100 million. SpaceX's active reusability test program began in late 2012 with testing low-altitude, low-speed aspects of the landing technology.SpaceX is a private company specializing in space launches and has previously raised funds from both NASA and the United States Department of Defense. SpaceX's valuation could soon be at $150 billion. Because it's a private company, it's not easy for an ordinary person to buy stock.

Who runs SpaceX : As President and COO of SpaceX, Gwynne Shotwell is responsible for day-to-day operations and managing all customer and strategic relations to support company growth.

Why is NASA paying SpaceX

NASA has awarded a contract modification to SpaceX to further develop its Starship human landing system to meet agency requirements for long-term human exploration of the Moon under Artemis.

Why is NASA funding SpaceX : NASA helped fund the Falcon 9 development after SpaceX got to orbit in order to do commercial cargo. They also got funding for the Dragon as part of the commercial crew program. And now they have Starship funding for use as a lunar lander.

Despite reaping $3.5 billion in revenue from space launch in 2023, space launch is now SpaceX's smallest business. Turns out, SpaceX now makes most of its money from Starlink.

SpaceX's ties to the US government

SpaceX is, after all, primarily a government contractor, racking up $15.3 billion in awarded contracts since 2003, according to US government records. Its most important businesses are launching astronauts and scientific missions for NASA, and flying satellites for the US military.

Who owns NASA SpaceX

SpaceX was formed by entrepreneur Elon Musk in the hopes of revolutionizing the aerospace industry and making affordable spaceflight a reality. The company entered the arena with the Falcon 1 rocket, a two-stage liquid-fueled craft designed to send small satellites into orbit.Musk's aerospace company SpaceX grew from operating with a net loss on revenue of $1.45 billion in 2019 to an operating profit of about $3 billion on $9 billion in revenue in 2023, according to the Information and documents viewed by TechCrunch.NASA is already funding Starship, the largest rocket in history, to the tune of billions of dollars to ferry astronauts to the lunar surface—but Starship also has the potential to launch immense payloads off other worlds and back to Earth.

SpaceX achieved the first successful suborbital flight and landing of a full Starship prototype by May 2021. SpaceX's pace in bringing new systems and iterative upgrades to the market has been nothing less than stunning compared with NASA.

How does SpaceX finance itself : SpaceX generates revenue from the sale of hardware and services to customers that use the Starlink system. Another way that SpaceX makes money is through research and development contracts.

Who funds NASA : Congress

Annual funding for executive branch agencies, such as NASA, is determined by Congress. The following Congressional Committees have jurisdiction over the Federal Government, including NASA's annual budget and appropriations.

What is the partnership between NASA and SpaceX

NASA and the agency's international partners are sending scientific investigations to the International Space Station on the 30th SpaceX commercial resupply services mission, including tests of technologies to monitor sea ice, automate 3D mapping, and create nanoparticle solar cells.

SpaceX is a private company that provides launch services to all customers using their Falcon 9 rocket, which was developed with technical assistance and some funding from NASA.“Congratulations to NASA and SpaceX on another successful launch to the International Space Station! On this eighth crew rotation mission, we are once again showing the strength of our commercial partnerships and American ingenuity that will propel us further in the cosmos,” said NASA Administrator Bill Nelson.

How does SpaceX get its money : Despite reaping $3.5 billion in revenue from space launch in 2023, space launch is now SpaceX's smallest business. Turns out, SpaceX now makes most of its money from Starlink.