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SpaceX just went public. These alum-founded startups are following its playbook

Fast Company Tech Rebecca Heilweil June 12, 2026
SpaceX just went public. These alum-founded startups are following its playbook
AI Summary— plain English for professionals

# SpaceX Goes Public, Creating a Blueprint for New Space Companies SpaceX just became a publicly traded company after more than two decades of proving it could launch rockets cheaply and reliably, making Elon Musk and many of its employees extremely wealthy in the process. The company's success has inspired a wave of startups founded by former SpaceX employees who are applying the same aggressive, problem-solving approach to new space ventures. These alumni-led companies are now trying to replicate SpaceX's formula—suggesting the space industry could see several more major players emerge in coming years.

SpaceX finally went public on Friday, marking one of the most profitable stock market debuts ever. The move stands to make Elon Musk, already the world’s wealthiest person, even wealthier, while turning many employees and early investors into millionaires and billionaires overnight. It’s been a l

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