Space Exploration Technologies Corp. (SpaceX)

Space Exploration Technologies Corp., known as SpaceX, ranks #7 in November 2026 with a market capitalization between $1.84 trillion and $1.92 trillion. Founded in March 2002 by Elon Musk and headquartered at Starbase, Texas, SpaceX completed the largest initial public offering in history on June 11–12, 2026, raising $85.7 billion at $135 per share. The company operates 3 core segments: Space (Falcon 9, Falcon Heavy, Dragon, and Starship orbital launches), Connectivity (Starlink satellite broadband serving 13.6 million consumer subscribers across 174 countries), and AI via SpaceX Super Intelligence after acquiring xAI in February 2026. Trailing 12-month revenue sits at $32.0 billion, and SpaceX posted its first profitable post-IPO quarter in October 2026 with $4.4 billion in net income on $14.6 billion in quarterly revenue.