Quick Answer: Space Exploration Technologies Corp., more commonly known as SpaceX, is a private American aerospace and artificial intelligence company headquartered at the Starbase development site in Starbase, Texas. Since its founding in 2002, the company has made numerous advances in rocket propulsion, reusable launch vehicles, human spaceflight and satellite constellation technology. As of 2026, SpaceX conducts more orbital launches annually than any other launch provider, including private competitors and national programs like the Chinese space program. SpaceX, NASA, and the United States Armed Forces work closely together by means of governmental contracts. SpaceX was founded by Elon Musk in 2002 with a vision of decreasing the costs of space launches, paving the way to a self-sustaining colony on Mars. In 2008, Falcon 1 successfully launched into orbit after three failed launch attempts.