In contrast, at SpaceX, revenues have more than tripled over the last two years, even as the company appears to have flipped from a loss to a profit.SpaceX is an incredible company that is changing the way we think about space travel and exploration. I would be honored to work for such an innovative and forward-thinking organization, and contribute to their cutting-edge initiatives.SpaceX, founded in 2002, is worth nearly $180 billion after a December 2023 tender offer of up to $750 million; SpaceX stock has quintupled its value in four years.

Is SpaceX part of Tesla stock : SpaceX is not a public company, it is still privately owned. Tesla, one of Elon Musk's other companies, is a public company.

Is Tesla or SpaceX more profitable

Tesla's operating profit margins are expected to be about 8% in 2024, they are going in the other direction though. Tesla earned an operating margin of almost 17% in 2022. Jonas' profit projections leave SpaceX trading for about 6.7 times his estimated 2035 profits.

Where does SpaceX get most of its money : Payload declared 2023 "the year of Starlink," and for good reason: As Starlink expanded around the globe to cover more than 70 countries today, with more than 2.2 million paying satellite internet subscribers, Starlink has become SpaceX's biggest business, with 2023 revenue approaching $4.2 billion.

SpaceX Reviews FAQs

SpaceX has an overall rating of 3.9 out of 5, based on over 3,094 reviews left anonymously by employees. 72% of employees would recommend working at SpaceX to a friend and 80% have a positive outlook for the business. This rating has decreased by 2% over the last 12 months.

It is extremely hard to get a job at SpaceX as it is a highly competitive and sought-after company. Getting hired by SpaceX is undoubtedly one of the toughest feats in tech recruiting. In fact, it only accepts 0.2% of applicants, making it more selective than Harvard, Princeton, and Stanford.

Why is SpaceX so valuable

That dominance is a big reason for the big valuation. SpaceX has become the de facto gatekeeper to space, and its lower costs are creating and enabling new businesses, such as its Starlink space-based Wi-Fi service. Investors participating in the deal had to put up a minimum of $50,000.Rather, the reason SpaceX's revenue tripled through 2023 was what happened once those Starlink satellites reached space and began beaming down internet service to customers. As millions of subscribers began buying Starlink terminals and paying monthly for Starlink internet service, SpaceX's revenues boomed.As of late 2023, SpaceX had a private market valuation of $180 billion ($97 per share) following an ongoing secondary share sale. That was about a 20% increase from its previous valuation of $81 per share, or $150 billion.

The long-term forecasts for Tesla's stock value in 2025 show a wide range of analyst expectations, from over $550 to as high as $1100 per share. These projections account for various factors, including Tesla's market performance, EBITDA margins, and the expansion of the electric vehicle market.

Will SpaceX be worth $1 trillion : Elon Musk's SpaceX will be worth half a trillion dollars by 2030, billionaire investor Ron Baron predicts. SpaceX will be valued at $500 billion by 2030, billionaire investor Ron Baron predicted. The company's reusable rockets will help build "the railroad to space," he told CNBC.

How much will SpaceX be worth in 10 years : SpaceX could be worth around $500 billion by 2030, says billionaire investor Ron Baron.

Does SpaceX make or lose money

The Journal reports that SpaceX posted a first-quarter profit of $55 million on revenue of $1.5 billion. For the full year 2022, Elon Musk's rocket company posted a loss of $559 million on revenue of $4.6 billion, the report says. It roughly halved losses while doubling what it brought in during 2021.

In 2024, therefore, assuming levels of profitability similar to what it achieved in 2023, SpaceX revenue of $13.3 billion could grow SpaceX's operating profits past $4.5 billion — a year-over-year increase of 50%.So, the average IQ is at least 120. However, those working at SpaceX most probably have higher qualifications and since it hires people from the US, and is operating in a complex field, I would say it's safe to assume that the average IQ would be at least 130.

How stressful is working at SpaceX : Still, SpaceX must be doing something right on the HR front. A survey of 18 big tech employers released in March by Seattle-based PayScale found that SpaceX employees find their jobs stressful but meaningful, with 92 percent saying the work they're doing is making the world a better place.