SpaceX has established itself as a major player in the aerospace sector and has attracted significant contracts from both public and private organizations. 

It is one of the most innovative and growing companies in the world.

It has accomplished a number of noteworthy feats in the space sector, including becoming the first private corporation to launch a spacecraft into orbit and return it to Earth safely.

The company is committed to making space travel more affordable and accessible, and it is well on its way to achieving its goals.

In this article, we will be looking at the most important SpaceX statistics including the company’s current market value, its most successful rocket, the fastest turnaround, the employees demographics, its CEO’s net worth, and many other statistical figures that might interest you.

Key Statistics

  • Falcon 9 has a 99% success rate.
  • In 2023, SpaceX launched 72 rockets.
  • SpaceX’s fastest turnaround is 4 hours and 12 minutes.
  • SpaceX is now worth about $127 billion in 2022.
  • In 2022, SpaceX has 12,000 employees.
  • About 50% of SpaceX employees are white.
  • More than ¾ of SpaceX employees are men.
  • An average SpaceX employee earns $52,155 annually.
  • 25% of SpaceX employees are mechanical engineer majors.
  • 55% of SpaceX employees have a Bachelor’s degree.

General SpaceX Statistics

SpaceX Statistics

1. A 99% success rate is achieved by SpaceX’s Falcon 9

As of 2023, out of all the rockets that SpaceX has launched, Falcon 9 is the most successful, with a 99% success rate. 

SpaceX’s Falcon 9 is the first rocket that can be used to travel to and from Earth orbit multiple times.

It is a two-stage rocket that can carry passengers and payloads reliably and safely into Earth orbit and beyond.

Since it is built as a reusable rocket, SpaceX can relaunch the rocket’s most expensive components, lowering the cost of space access. 

Prior to flight, SpaceX puts every Falcon 9 rocket through a rigorous testing process.

The engines, avionics, and other systems of the rocket are tested during this process.

This aids in finding and resolving any possible issues before the rocket enters orbit.

SpaceX is committed to the continuous improvement of the Falcon 9 rocket.

This includes making changes to the rocket’s design, manufacturing process, and testing procedures to improve its reliability, performance, and cost-effectiveness.

(SpaceX)

2. 72 rockets were launched by SpaceX in 2023

SpaceX launched more rockets than any other corporation or space agency in the world in 2023 with a total of 72 launches.

The company is able to launch more rockets more quickly because of its fleet of reusable Falcon 9 rockets.

With their reusable rockets, SpaceX is making it simpler for businesses and governments to deliver payloads into space by launching more rockets.

This may result in fresh insights and technological advancements in space exploration.

Other businesses are under pressure to launch more rockets as a result of SpaceX’s success in launching 72 rockets in 2023.

This competition is promoting innovation in the space sector and lowering the cost of space travel for people worldwide.

(SpaceXNow)

3. SpaceX has a turnaround time of 4 hours, 12 minutes

A space rocket’s turnaround time is the amount of time it takes to be ready and launch it when it returns from a previous mission.

This includes the time needed to examine, repair, and load the rocket with fresh cargo.

A rocket may be reused more quickly with a shorter turnaround time, which can lower the cost of space travel and increase the number of launches possible each year.

The frontrunner in having the fastest turnaround is SpaceX.

With a turnaround time of 4 hours and 12 minutes, SpaceX can have a Falcon 9 rocket ready for flight once more in only that amount of time.

This turnaround time is extraordinarily quick, which is one of the things that defined SpaceX’s success in the space industry.

SpaceX believes that in order to significantly lower the cost of space access, companies must create a completely and quickly reusable rocket as it is a crucial technological advancement.

(SpaceXNow)

4. Ages 30 to 40 make about 38% of the SpaceX workforce

About 38% of SpaceX employees are between the ages of 30 to 40 years old.

This figure can infer that SpaceX has a relatively young workforce, with the majority of employees being in the prime of their careers.

It is believed that younger personnel are frequently more receptive to fresh perspectives and creative thinking.

If the company has a pool of fresh and creative ideas on hand,  SpaceX may be able to create new goods and services that cater to the demands of its clients.

The company is continuously leading the way in terms of technological advancement and space exploration.

SpaceX is in constant need of personnels with a high level of expertise and familiarity with current technology.

These talents and expertise that SpaceX is searching for are widely available among young professionals of today’s generation.

(Tech Report)

5. In 2022, SpaceX is valued at over $127 billion.

spacex value

SpaceX is estimated to be worth over $127 billion in 2022, making them one of the most valuable private companies in the world.

The company’s worth is dependent on a variety of variables, such as the company’s successful past, its aspirational future ambitions, and the rising global demand for space launch services.

SpaceX has a proven track record of achievement.

It has created several cutting-edge rockets and spacecraft, such as the Falcon 9 rocket, the Dragon spacecraft, and the Starship spaceship.

Compared to conventional rockets and spacecraft, these ones are cheaper, more dependable, and more efficient.

The company has developed innovative rockets and spacecraft that have revolutionized the space industry.

SpaceX is also well-positioned to benefit from the growing demand for space transportation services, including satellite launches and astronaut transport.

(Sign House)

6. SpaceX value over the years

In 2002, Elon Musk established the commercial space exploration company called SpaceX.

The corporation has had recent tremendous growth and is currently valued at over $127 billion. 

Let’s take a look at the company’s value through time:

  • The company’s market value in December 2018 was $30.5 billion.
  • In May 2019, a few months later, the corporation was worth $33.33 billion.
  • SpaceX was valued at $36 billion in March 2020.
  • In October 2021, the corporation had grown to a worth of $100.3 billion.

(Sign House)

7. Elon Musk, SpaceX’s CEO, has net worth of $219 billion in 2022

Elon Musk’s net worth skyrocketed from $24 billion in 2020 to an astonishing $219 billion in 2022. 

Musk has amassed a substantial net worth due to his ownership shares in multiple profitable businesses, including Tesla, SpaceX, and X (formerly known as Twitter).

His companies have all been successful in recent years, which has helped to boost his net worth astronomically. 

SpaceX’s spectacular growth in valuation, which in turn greatly increased Musk’s net worth, was influenced by the growing significance of space exploration and commercial satellite launches.

As of October 2023, Musk is named as the richest man in the world, according to Forbes.

Musk’s vast wealth gives him immense power and influence.

He can use his resources to fund innovative projects and ventures.

(Financial Express, Forbes)

8. $3.2 billion in revenue has been raised by SpaceX

In 2023, SpaceX’s Starlink and rocket flights generated $3.2 billion revenue.

This proves the increased demand for the company’s services, making it a notable company in the space sector.

Starlink is a constellation of satellites that will provide worldwide internet access.

It is still in construction, but SpaceX is already making a sizable profit from it.

Starlink, on the other hand, has over 1 million active users in 2023, and it is anticipated that its rapid growth would continue in the years to come.

The other primary source of income for SpaceX is the company’s rocket launches.

The firm launches rockets on behalf of a range of clients, including enterprises, governments, and other space organizations.

Additionally, SpaceX is now the sole business that launches rockets to the International Space Station.

(Tech Report)

9. As of 2022, SpaceX has 12,000 employees

The space sector is expanding quickly as more businesses and governments put satellites into orbit and create new space technology.

With the industry’s rapid growth, SpaceX is gaining from this expansion. 

The company is expanding its operations to new states including Texas and Florida.

In 2022, SpaceX has almost tripled its workforce, and now the company has more than 12,000 employees.

The team at SpaceX is actively influencing how space exploration will develop in the near future.

They are engaged and committed to cutting-edge research and initiatives that might fundamentally alter how humans travel and explore space.

(Forbes)

10. About half of SpaceX’s workforce are White

About half of SpaceX's workforce are White

Although the company’s workforce is not as diverse as it might be, SpaceX employees come from a range of ethnic backgrounds.

About 49.8% of SpaceX employees are white.

While 25.6% are Hispanic or Latino, 11% are Asian, and 8.5% are African Americans.

The lack of diversity in SpaceX’s staff has been addressed with certain actions.

Numerous diversity and inclusion efforts have been started by the organization.

These programs aim to foster a more inclusive workplace culture and increase employee retention by luring and retaining a more diverse workforce.

(Zippia)

11. More than 3/4 of SpaceX’s staff members are men

Men have historically held a majority in the aircraft sector. 85.3% of the 12,000 employees at SpaceX are male.

SpaceX is a very competitive business.

Although it draws the best talent from throughout the world, this talent may not necessarily be indicative of the world’s population. 

Gender gap is still quite noticeable in the engineering and technological fields, which are SpaceX’s main areas of concentration.

This can contribute to the gender imbalance in SpaceX’s employment because there is a smaller pool of female candidates from whom to choose.

(Zippia)

12. The average yearly salary at SpaceX is $52,155

SpaceX employees make an average of $52,155 per year.

This is more than the average pay for Americans working in the private sector. 

The salary of a SpaceX employee depends on the role, amount of expertise, and location of the individual.

For instance, software engineers and rocket scientists often earn more than other roles and positions at the company.

(Zippia)

13. Senior Technologist is the highest paying position

SpaceX’s senior technicians may earn an average annual salary of over $100,000. 

The success of SpaceX is greatly influenced by its senior technologists.

They are responsible for developing and utilizing the state-of-the-art technologies that allow SpaceX to advance the boundaries of space exploration. 

At SpaceX, senior technologists are in charge of supervising and directing teams of engineers and scientists that are developing and implementing new technologies.

One of the responsibilities of senior technologists at SpaceX is the creation of new rocket engines, spacecraft, and satellite systems.

To be qualified as a Senior Technologist in the company, they must have an extensive knowledge of technical and scientific principles, as well as previous management and team-leading experience.

(Zippia)

14. Nearly 4 in 10 SpaceX workers leave the company within a year

Within a year, almost 38% of its employees left the company.

SpaceX is known for its demanding work atmosphere and long hours.

Some employees may find this to be daunting, especially those who are new to the business or the aerospace sector. 

(Tech Report)

15. Only 34% of SpaceX employees stay in the company for over five years

Less than one-third or only 34% of SpaceX employees remain with the business for more than five years.

This indicates that the majority of SpaceX employees depart the company in less than five years. 

(Zippia)

16. Mechanical engineers make over 25% of the workforce at SpaceX

Mechanical engineers make over 25% of the workforce at SpaceX

The educational backgrounds of SpaceX employees are diverse, including those in engineering, science, manufacturing, and business.

They work on a variety of projects, including the creation of the Starship, a spacecraft that will go to Mars, the Moon, and other far-off planets, as well as the design and production of rockets and spacecraft. 

Over 25% of the employees at SpaceX are mechanical engineer majors.

Mechanical engineering plays a crucial role in the company.

This is necessary in order to design, build, and test rockets, spacecraft, and other aerospace systems.

A typical annual wage for a mechanical engineer at SpaceX is $112,165, which is more than the typical annual wage for mechanical engineers in the US. 

SpaceX is one of the top firms in the aerospace sector.

The company is continuously trying to add skilled mechanical engineers to its staff. 

The goal of SpaceX is to make space travel more accessible and inexpensive, and mechanical engineers are essential to this goal. 

(Zippia, Glassdoor)

17. Over half of SpaceX employees have a Bachelor’s degree

Technology is a big part of SpaceX, therefore many of the jobs in the company demand advanced degrees and experience.

A large percentage of those who seek positions at SpaceX have bachelor’s degrees or above.

About 55% of SpaceX employees have a bachelor’s degree.

The organization provides a variety of perks to its workers, including competitive compensation and benefits, chances for promotion, and an interesting and fulfilling work environment.

(Zippia)

18. Spanish is spoken by 51.6% of the SpaceX workforce

SpaceX is a multinational business corporation and it employs people from all over the world.

Majority of SpaceX employees speak Spanish.

51.6% of the company’s employees know how to speak Spanish. 

With the figures stated above, SpaceX can provide better service to its clients and partners in these nations since a sizable portion of its employees speaks Spanish.

The company launched several activities in countries including Mexico and Chile in addition to Texas, Florida, and California, where most of its facilities are located. 

(Zippia)

19. A SpaceX IT personnel can earn an average of $65,000 per year.

SpaceX is the leading aerospace company in the space industry.

It is renowned for its competitive pay and perks. 

IT professionals at SpaceX can work on state of the art technology and initiatives that are having a major impact on the future of space exploration.

Additionally, IT professionals can get the chance to collaborate with some of the best minds in the aerospace sector.

(Small Business Blog)

20. There are 498 job counts in Hawthorne, California.

Hawthorne serves as home to the company’s senior management and a large portion of its workforce.

There are 498 job counts in Hawthorne, making it the company’s most common location. 

SpaceX is a business that is expanding quickly, it is anticipated that over the next several years, more positions will be added in Hawthorne and the other locations of the company worldwide.

(Zippia)

What is SpaceX?

What is SpaceX?

Space Exploration Technologies Corporation, or most commonly known as SpaceX, is an American aerospace corporation.

Elon Musk established it in 2002 with the claimed intention of lowering space transportation costs to facilitate Mars settlement.

Since its humble beginnings, it has played a key role in the development of commercial spaceflight.

It was the first privately owned corporation to successfully launch a spacecraft into Earth orbit, return it, and dock it with the International Space Station (ISS).

In the space sector, SpaceX has accomplished a number of noteworthy feats.

It made history in 2010 when it was the first private business to launch a spacecraft into orbit and bring it safely back to Earth.

In 2012, its Dragon spacecraft made history by becoming the first commercial spaceship to transport goods to and from the International Space Station. 

SpaceX is continuously working on a number of exciting projects, including the development of the Starship spacecraft and the Starlink satellite internet constellation.

Starship is designed to be a fully reusable spacecraft that can carry people and cargo to Mars and beyond.

Meanwhile, Starlink is a constellation of satellites that will provide high-speed internet access to people all over the world.

Conclusion

With its innovative products and services, SpaceX is well-positioned to maintain its leadership position in the space industry for the foreseeable future.

SpaceX continues to build and act on its ambitious goals making great strides in the direction of success in the space industry.

The company is set up to continue dominating the space sector for many years to come.

The company has considerably lowered the price of space travel.

As a result, more businesses and countries are now able to send satellites into orbit and create new space technology.

This has improved the sustainability and affordability of space travel.

These SpaceX statistics highlight the company’s significant contributions to the global economy, science, and technology.

SpaceX is committed to making space travel more affordable and accessible, and it is developing new technologies that can be used in a variety of industries.

Sources

SpaceXSpaceX 2SpaceX 3
TechReportThe Small Business BlogGlassdoor
ZippiaFinancial ExpressBritannica
SignHouseForbesForbes 2