SpaceX now owns more than half the global launch market. No one else is close.
Have a look at this clip:
In 2024, SpaceX launched 134 Falcon missions. That was over 52% of all orbital launches on Earth. So far in 2025, they’ve already completed 83 launches and it’s only July.
Inside the United States, SpaceX owns over 90% of all launches.
That kind of dominance doesn’t come from luck. It’s years of vertical integration, insane iteration speed, and a complete rewrite of aerospace economics.
Musk bet everything on reusability. Now he’s cashing in.
Reusable rockets made the old space model obsolete. Falcon 9 now flies so often that people barely report it. But the money is real. And the valuation is rising.
The $400 Billion Beast
A new deal in the works could place SpaceX at $400 billion in valuation. That would make it the most valuable private company in US history.
Back in December 2023, the valuation was $350 billion. Now with Starlink exploding and Starship entering new phases, $400B is not a stretch, it’s a floor.
If that deal goes through, Musk’s personal stake in SpaceX would be worth $160 billion alone.
Starlink Is the Engine Behind It All
Most people still think SpaceX is just rockets. Wrong. More than half of SpaceX’s revenue now comes from Starlink.
With over 6 to 7 million users globally, Starlink is scaling fast. There are already over 9,000 satellites in orbit — and it’s still growing.
Analysts expect $16 billion in annual Starlink revenue soon.
This isn’t just a side project. Starlink is turning into the world’s largest internet service with global reach. In war zones, in rural areas, in developing economies, Starlink is where others can’t reach.
Musk Is Building an Aerospace Empire
It’s not just about market share. It’s about leverage.
SpaceX now controls the launch pipeline for most of the world. It dominates government contracts, private satellite launches, crewed missions, and its own constellation.
Starship is next. And when it’s ready, Falcon 9 will look like a warm-up act.
Forget competitors. There’s no second place right now. SpaceX is the entire scoreboard.
Sources:
- Reuters: SpaceX 2025 revenue projections and Starlink figures
- Barrons: Launch market share and SpaceX vs Amazon
- Bloomberg: SpaceX valuation and insider share sales
- Wikipedia: Falcon 9 launch stats
- Reddit: Elon Musk comments on SpaceX revenue vs NASA
- Teslarati: Launch cadence and reusability milestones
