From making history to planning on building a colony on Mars, SpaceX has achieved a lot in the field of space exploration and transportation services. An idea which only existed in a kid’s mind is now a multi million company and its still growing. Elon Musk has a dream to land on Mars and he found a way to make it happen.
Founded on 6th May, 2002, SpaceX came a long way crossing milestones and making history. From just an idea to a full fledged space transportation services company, here are a few facts about SpaceX.
1. SpaceX was the first private company to successfully launch, orbit and recover a spacecraft.
In December 2010, the operational Dragon spacecraft was launched aboard the Commercial Orbital Transportation Services (COTS) Demo Flight 1, the Falcon 9’s second flight, which safely returned to Earth after two orbits, completing all its mission objectives, making it the first private company to do so!
2. SpaceX was the first private company to send a spacecraft to the International Space Station(ISS).
In December 2012, Dragon became the first commercial spacecraft to dock with and deliver cargo to the International Space Station. It has since conducted regular, resupply services to the ISS.
3. Falcon was the first privately funded liquid propellant rocket by SpaceX to reach the earth’s orbit.
On 28th September, 2008, the Falcon 1, a small rocket capable of placing payloads weighing several hundred kilograms into low earth became the first privately funded, liquid fueled rocket to do so. Space X successfully launched this project into low Earth orbit for U.S. $ 90 million.
4. SpaceX achieved the world’s first reflight of an orbital class rocket.
On 30th March 2017, SpaceX’s Falcon 9, was launched into space for the second time after April 2016, when it carried out a space station cargo launch for NASA. This was indeed a historic milestone for SpaceX!
5. SpaceX is currently the world’s largest producer of liquid fuel rocket engines.
SpaceX currently manufactures three broad classes of rocket engine inhouse: the kerosene fueled Merlin engines, the methane fueled Raptor engines and the hypergolic fueled Draco/SuperDraco vernier thrusters, making it the world’s most prolific producer of liquid fuel rocket engines.
6. SpaceX was the first private company to send a human rated spacecraft to space.
On March 9th 2019, history was created once again as SpaceX launched its spacecraft, Dragon 2, for its first orbital test. This spaceflight was an uncrewed mission, but capable of sustaining life, arrived at the ISS a little over 24 hours after the launch.
7. SpaceX used the same launch complex as Apollo 11.
In 2017, SpaceX became a part of a long space tradition when its Falcon 9 rocket took off from Launch Complex 39A at the Kennedy Space Center, where the Apollo 11 moon mission began.
8. SpaceX also manufactures spacesuits for its astronauts.
SpaceX doesn’t only make big spacecrafts or supplies cargo to the ISS but is also partnering up with NASA to create specialized spacesuits! SpaceX says that safety and comfort will be among the specialties of these suits.
9. SpaceX offers astronaut taxi services to NASA.
NASA astronauts are taken to space using SpaceX spacecrafts. This is part of NASA’s Commercial Crew Program which cuts down dependency on space agencies like Russia’s Roscosmos.
10. SpaceX knows how to travel in speed!
SpaceX claims that they can transport passengers over a distance of 620 kms in just 45 mins, that would usually take over 24 hours by bus. This could be possible through Hyperloop, which is still in its design stages.
SpaceX has not stopped evolving and has conquered many stages of space exploration. The journey does not stop here for SpaceX and in the years to come there would be many more interesting facts.
MobiKwik is venturing into the stock broking sector with the launch of its subsidiary, MobiKwik Securities Broking Private Limited (MSBPL), following approval from the Ministry of Corporate Affairs on March 3, 2025. This move aims to diversify MobiKwik’s offerings beyond its core digital payments services and compete with established players like Zerodha and Groww.
MSBPL will provide a range of brokerage services, including trading in shares, securities, commodities, and derivatives. The subsidiary has an initial capital of Rs 1 lakh, with plans for an additional Rs 2 crore investment to support its operations.
As MobiKwik enters this competitive market, it brings a substantial user base of 172 million and a merchant network of 5 million. Despite recent financial challenges, including a reported loss of Rs 55.2 crore in Q3 FY25, the company aims to leverage its existing infrastructure and user engagement to capture a share of the growing investment technology market, projected to reach $74 billion by 2030.
This strategic expansion aligns with MobiKwik’s broader goals of enhancing its financial service
Nazara Technologies has sold its entire 71.54% stake in Sports Unity Private Limited, the company behind the multiplayer quiz game ‘Qunami’, for INR 7.15 lakh. This divestment, effective March 25, 2025, signifies a strategic shift for Nazara, which had previously acquired a controlling interest in Sports Unity in 2019 for INR 7.5 crore.
The decision to offload the stake comes as Sports Unity has faced financial difficulties, reporting no active business operations and a negative net worth of INR 0.45 crore at the end of FY24. This move aligns with Nazara’s broader strategy to streamline its operations and concentrate on more profitable ventures within the gaming sector.
This sale follows Nazara’s recent divestment of a 94.85% stake in another subsidiary, Open Play, to Moonshine Technologies for INR 104.33 crore. Despite reporting record quarterly revenue of INR 544.7 crore in Q3 FY25, Nazara experienced a 53.5% decline in net profit year-over-year.
Nazara continues to focus on enhancing its portfolio through strategic acquisitions and investments in high-potential gaming platforms while navigating the competitive landscape of the gaming industry.
Fractal, a leading SaaS unicorn, has announced a strategic investment of $20 million in Asper.ai, an AI-driven platform focused on the consumer goods and manufacturing sectors. This funding, revealed on March 19, 2025, aims to accelerate Asper’s growth by enhancing product development and expanding its enterprise customer base.
Investment Highlights
Pranay Agrawal, Co-Founder and CEO of Fractal, expressed excitement about the partnership, noting Asper’s impressive growth over the past three years. He stated that this investment will unlock new opportunities for enterprise customers and drive further innovation within Asper.
Asper.ai’s Objectives
Mohit Agarwal, Co-Founder and CEO of Asper.ai, emphasized the need for consumer goods leaders to have a strategic ally that can adapt to their operations and transform data into actionable insights. The investment will support Asper in building its autonomous growth AI platform and attracting top talent.
Future Plans
Anuj Kaushik, Co-Founder and Chief Commercial Officer of Asper.ai, highlighted the positive market response to their offerings. With Fractal’s investment, Asper.ai plans to enhance its AI capabilities across key areas like demand forecasting and revenue growth management.
Conclusion
Fractal’s $20 million investment marks a significant step in advancing AI solutions within the consumer goods sector. The collaboration between Fractal and Asper.ai is set to redefine how businesses leverage AI for growth and efficiency in a competitive landscape.