US · theinformation.com

How SpaceX Alumni Are Building the Next Generation of Space Startups

Elon Musk rose to prominence as a member of the “PayPal mafia,” a nickname for alumni of the digital payments provider who went on to create or work at other important tech startups. Now one of Musk’s companies—rocket maker SpaceX—is also pumping out alumni who are taking on key roles at a growing crop of aerospace companies popping up across the U.S. The Information compiled a list of seven such space startups either founded or led by SpaceX alumni, whom some call SpaceExers. It includes rocket startups like Firefly Aerospace and ABL Space Systems, which are getting closer to launches that will eventually lob satellites into orbit on behalf of government and corporate clients. Also on the list are Muon Space and Impulse Space, which are building satellites and spacecraft, respectively, that will make it easier for more organizations to do research or engage in commerce in space. Collectively, the startups are aiming to tap into a growing commercial space market that SpaceX has pioneered. The 20-year-old company—which currently has a market valuation of $140 billion—has become the most prolific launch provider in the world, with more than 60 rockets blasting off in 2022 alone. SpaceX has made getting to space cheaper by popularizing reusable rockets, which land themselves back on Earth after each launch.


This email was sent

Is this your brand on Milled? Claim it.

Elon Musk rose to prominence as a member of the “PayPal mafia,” a nickname for alumni of the digital payments provider who went on to create or work at other important tech startups. Now one of Musk’s companies—rocket maker SpaceX—is also pumping out alumni who are taking on key roles at a growing crop of aerospace companies popping up across the U.S. The Information compiled a list of seven such space startups either founded or led by SpaceX alumni, whom some call SpaceExers. It includes rocket startups like Firefly Aerospace and ABL Space Systems, which are getting closer to launches that will eventually lob satellites into orbit on behalf of government and corporate clients. Also on the list are Muon Space and Impulse Space, which are building satellites and spacecraft, respectively, that will make it easier for more organizations to do research or engage in commerce in space. Collectively, the startups are aiming to tap into a growing commercial space market that SpaceX has pioneered. The 20-year-old company—which currently has a market valuation of $140 billion—has become the most prolific launch provider in the world, with more than 60 rockets blasting off in 2022 alone. SpaceX has made getting to space cheaper by popularizing reusable rockets, which land themselves back on Earth after each launch.
STARTUPS
VENTURE CAPITAL
How SpaceX Alumni Are Building the Next Generation of Space Startups
By Becky Peterson

Elon Musk rose to prominence as a member of the “PayPal mafia,” a nickname for alumni of the digital payments provider who went on to create or work at other important tech startups. Now one of Musk’s companies—rocket maker SpaceX—is also pumping out alumni who are taking on key roles at a growing crop of aerospace companies popping up across the U.S.

The Information compiled a list of seven such space startups either founded or led by SpaceX alumni, whom some call SpaceExers. It includes rocket startups like Firefly Aerospace and ABL Space Systems, which are getting closer to launches that will eventually lob satellites into orbit on behalf of government and corporate clients. Also on the list are Muon Space and Impulse Space, which are building satellites and spacecraft, respectively, that will make it easier for more organizations to do research or engage in commerce in space.

Collectively, the startups are aiming to tap into a growing commercial space market that SpaceX has pioneered. The 20-year-old company—which currently has a market valuation of $140 billion—has become the most prolific launch provider in the world, with more than 60 rockets blasting off in 2022 alone. SpaceX has made getting to space cheaper by popularizing reusable rockets, which land themselves back on Earth after each launch.

   READ THE FULL STORY    


Popular Articles
Exclusive
STARTUPS
Chime Made Two Offers to Buy DailyPay, Topping Out at $2 Billion, but Was Spurned
Kate Clark
 
Market Research
CULTURE
‘This Is the Best. I’ve Tried Everything’: Tech Execs on the Ski Gear They Won’t Go Downhill Without
Annie Goldsmith
Exclusive
MARKETS
STARTUPS
Instacart, Databricks, Arm Could Lead the IPO Market Out of Its Freeze
Cory Weinberg
 
The AI Age
AI
ChatGPT Is on Fire, and a Cottage Industry of Bot Builders Is Exploding Alongside It
Chris Stokel-Walker
Exclusive
ELECTRIC VEHICLES
Twitter Lays Off Engineers in Infrastructure Org, Days After Leaders Were Fired
Erin Woo
 
Exclusive
AMAZON
‘Zombie’ Amazon Grocery Stores Pile Up as Openings Grind to a Halt
Theo Wayt
Sent to - | Unsubscribe | Help
1 Post Street, Suite 1050, San Francisco, CA 94104
Are you sure?

Lists help you organize the brands that you care about. Your lists are private to you.