EconomyLens.com
No Result
View All Result
Friday, June 12, 2026
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Other

SpaceX: Five key moments, from first launch to Starship megarocket

David Peterson by David Peterson
June 12, 2026
in Other
Reading Time: 6 mins read
A A
2
19
SHARES
235
VIEWS
Share on FacebookShare on Twitter

SpaceX employees celebrate the company's Wall Street debut, the largest initial public offering in US history. ©AFP

Washington (United States) (AFP) – More than 20 years after its founding, SpaceX made history Friday with its record-high stock market debut, crowning a unique journey marked by dazzling successes but also catastrophic failures and unfulfilled promises. Here are five key moments in the company’s history:

Related

US clears Paramount’s $111 bn Warner Bros. takeover

World’s first gig economy treaty adopted at the ILO

Musk becomes world’s first trillionaire as SpaceX shares soar

Iran says deal with US closer than ever as Trump lashes out

SpaceX lifts off in record Wall Street debut

– **2008: The founding myth**

Six years after its founding, SpaceX launched its first rocket into orbit after multiple failures, taking off in September 2008 from a remote archipelago in the Pacific Ocean. “I messed up the first three launches, the first three launches failed,” co-founder Elon Musk recalled years later. “Fortunately the fourth launch — that was the last money that we had — the fourth launch worked, or that would have been it for SpaceX. But fate liked us that day.”

– **2012: Next stop, ISS**

After the successful launch, SpaceX grew and developed more powerful launchers, including its flagship rocket, Falcon 9, which has become the most widely used rocket today. Among its creations was the Dragon spacecraft, which docked as a cargo vessel at the International Space Station in 2012, a first by a private company. Eight years later, the Dragon spacecraft carried its first astronaut to the ISS, beating other aerospace companies like Boeing to becoming the main American transport to the space station.

– **2018: A Tesla in space?**

At the same time, SpaceX in 2015 successfully landed the first stage of its Falcon 9 rocket, ushering in the age of partially reusable rockets. This was followed by Falcon Heavy, a much more powerful launcher with two Falcon 9 boosters. To mark its first test flight in 2018, Musk decided to place the car made by one of his other companies, a Tesla, on board. The image of the red Tesla occupied by a mannequin dubbed Starman — after David Bowie — was seen around the world. Not all SpaceX promises were kept though: that same year, Musk said he would send a group which included Japanese billionaire Yusaku Maezawa around the Moon by 2023, but that never came to pass.

– **2020-2023: Starbase’s explosive beginning**

The tech trillionaire ended up prioritizing the development of his megarocket Starship, designed to travel to the Moon and, eventually, Mars. To complete the project, he bought vast amounts of land in Texas and developed an industrial complex known as Starbase, where he would launch a series of Starship prototypes, most of which blew up into spectacular fireballs. Musk justified the “rapid unscheduled disassembly” of these rockets, to use the entrepreneur’s favorite euphemism for explosions, by saying they were part of the learning process.

– **2024: The unprecedented ‘Super Heavy’ catch**

In October 2024, SpaceX succeeded in recovering the first stage of Starship, its “Super Heavy” booster, in a unique maneuver that had never been achieved before. After launching the spacecraft, the booster detached and began its descent, returning to the SpaceX launch pad where a pair of “chopsticks” reached out to catch the booster and bring it to a halt. The feat, while impressive, is only the first part of SpaceX’s plan to make Starship a fully reusable rocket — a goal it remains in pursuit of while dealing with several technical challenges.

© 2024 AFP

Tags: Elon Muskspace explorationSpaceX
Share8Tweet5Share1Pin2Send
Previous Post

US clears Paramount’s $111 bn Warner Bros. takeover

Next Post

World Cup venues scrub branding, get new names for tournament

David Peterson

David Peterson

Related Posts

Other

Wall Street climbs as SpaceX shares launch, oil slides on Mideast deal hopes

June 12, 2026
Other

Science fiction? Musk’s lofty SpaceX goals unrealistic, skeptics say

June 12, 2026
Other

SpaceX IPO set for liftoff in record market debut

June 12, 2026
Other

US stocks rally, oil prices fall as Trump calls off fresh Iran strikes

June 11, 2026
Other

Stocks rebound, oil wobbles as traders weigh Iran, rates outlook

June 11, 2026
Other

Musk’s empire as SpaceX heads to Wall Street liftoff

June 11, 2026
Next Post

World Cup venues scrub branding, get new names for tournament

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
2 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

97

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

World Cup venues scrub branding, get new names for tournament

June 12, 2026

SpaceX: Five key moments, from first launch to Starship megarocket

June 12, 2026

US clears Paramount’s $111 bn Warner Bros. takeover

June 12, 2026

Iran and US say deal closer than ever

June 12, 2026
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.