About SpaceX:

SpaceX was founded in 2002 and is headquartered in the United States. It is a leading aerospace manufacturer and space transport services company, focused on developing and launching rockets and spacecraft. One of its ambitious goals is to reduce space transportation costs significantly and enable the colonization of Mars. Tioex offers secondary shares in SpaceX for its members. 
 

Offerings
 

• For consumers / public / end-users: The Starlink service – a satellite network delivering broadband over space, especially in underserved or remote areas. 

• For enterprises & partners: Rocket launch services (Falcon 9, Falcon Heavy), spacecraft for crew or cargo (Dragon), governmental and defence contracts, and spectrum & infrastructure assets (e.g., EchoStar spectrum deal) to bolster Starlink’s capabilities. 

 

Business Model

 

Revenue primarily comes from:

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• Launch services (contractual payments for launching satellites, cargo, crew).

• Starlink subscription revenues (residential, commercial, maritime, aviation).

• Government contracts (space, defence, satellite infrastructure).

• Spectrum licensing, infrastructure, licensing fees.

 

Market & Opportunity

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• The global market for satellite internet (especially for remote locations) is accelerating, with strong demand from areas lacking traditional broadband infrastructure.

• The rocket launch market (satellite deployment, science missions, future crewed lunar/martian missions) holds major potential.

• SpaceX’s advantages include its reusable rocket technology, integrated operations (launch + satellite + ground infrastructure + spectrum), which give economies of scale over competitors like OneWeb, Kuiper, etc.

 

Recent Highlights & Achievements

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• In 2024, Starlink generated approximately $7.7 billion in revenue, up ~83 % year-over-year. 

• Starlink’s subscriber base rose to ~4.6 million in 2024. 

• In September 2025, SpaceX struck a $17 billion deal to acquire spectrum from EchoStar, paid partly in cash and partly in stock, to strengthen Starlink’s spectrum footprint. 

 

Financial Development

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• Estimated revenue for 2024: $14.2B (2023: ~$8.7B) — growth ~63 %.

• Starlink accounted for ~58 % of total revenue in 2024.

 

Outlook

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• Continued global expansion of Starlink (more users, better coverage, lower latency).

• The EchoStar spectrum acquisition may enable new services (satellite-to-cell, etc.).

• Further improvements in launch cadence and cost reduction via reusability and operational scaling.

• Risks include regulatory hurdles (spectrum, licensing), competition, technical reliability, cost of capital.

 

Invest in SpaceX with Tioex

Investing in SpaceX through Tioex means taking part in indirect ownership of the company before it goes public. Tioex is a Swedish investment platform that gives private individuals the opportunity to invest in leading unlisted growth companies, such as SpaceX, by pooling investors and forming a Swedish holding company (a so-called SPV – Special Purpose Vehicle).

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This holding company then acquires shares in SpaceX, which means that as an investor you become a shareholder in the entity that in turn owns shares in SpaceX.