SpaceX has two primary business focuses: launch services, which is led by its revolutionary Starship rocket, and Starlink, its satellite internet business.

Starship is the massive, next-generation rocket SpaceX is developing to be fully reusable, to launch cargo and people on missions to the moon and Mars. The company is testing prototypes at a facility in southern Texas and has flown multiple short test flights.
“This technological development has the potential to transform investor expectations around the space industry,” Morgan Stanley analyst Adam Jonas noted in a recent note. “As one client put it: ‘talking about space before Starship is like talking about the internet before Google,’” Jonas added.

Starlink is the company’s plan to build an interconnected internet network with thousands of satellites, known in the space industry as a constellation. The project is designed to deliver high-speed internet to consumers anywhere on the planet.

SpaceX has launched over 3,000+ Starlink satellites to date. The network has more than 1,000,000 users around the world.