SpaceX

SpaceX is the world's leading private aerospace company, founded by Elon Musk. The company has revolutionized space transportation through reusable rockets (Falcon 9, Falcon Heavy) and is building the Starship vehicle for Mars missions. Starlink, its satellite internet constellation, now serves millions of subscribers globally.

Secondary market entry in 2023. SpaceX is one of the most valuable private companies in the world, with two distinct business lines: launch services (dominant market share, reusability moat) and Starlink (global broadband, $6B+ ARR trajectory). The combination of monopoly-like launch economics and a telecommunications mega-project creates a unique risk-return profile unavailable in public markets.

Active investment. SpaceX continues to dominate commercial launch, with Starlink scaling revenue rapidly and Starship development progressing toward operational status.