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What is SpaceX

Strategic Management and Policy in the Global Aviation Industry
SpaceX is a private aerospace manufacturer and space transportation company founded by entrepreneur Elon Musk in 2002. The company's full name is Space Exploration Technologies Corp. SpaceX's primary mission is to reduce the cost of space travel and make it possible for humans to live on other planets. To achieve this, the company has developed a family of reusable rockets and spacecraft, with a focus on improving the reliability and efficiency of space travel.
Published in Chapter:
Future of Humanity: New Era Space Economy
Fırat Cem Doğan (Hasan Kalyoncu University, Turkey) and Mehmet Hanifi Aslan (Hasan Kalyoncu University, Turkey)
Copyright: © 2024 |Pages: 20
DOI: 10.4018/979-8-3693-0908-7.ch014
Abstract
The study aims to reveal the possible economic, social, and technological consequences of these activities and make projections and evaluations regarding the space economy for the future of humanity. It also aims to create a futuristic perspective on what space could bring to humanity, which has been a subject of great curiosity. Within this study, space and space economy will also be evaluated in terms of addressing the problems that may arise from the depletion of natural resources on Earth in the future. The study examines the space activities of both the public sector and private enterprises in various countries using numerical data. For example, the budget of the (NASA) of the United States alone reached $57.69 billion in 2022, more than two and a half times the amount in 2009. It is estimated that the size of the global space economy will reach approximately $641.2 billion by 2030. As activities related to all components of the space economy continue to increase through public and private initiatives, the dream of a future in space for humanity is closer than ever before.
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