Elon
Musk

Operations

SpaceX designs, manufactures and operates launch vehicles and spacecraft. Falcon 9 and Falcon Heavy deliver satellites and cargo to orbit. Dragon supports crew and cargo missions to the International Space Station. Starlink provides low-Earth-orbit broadband to residential, mobility and government customers. Starship is the next-generation system intended to reduce cost per kilogram for higher-mass and deep-space missions.

Revenue streams

• Launch services Contracted missions for NASA, the U.S. Space Force and commercial satellite operators on Falcon.
• Starlink subscriptions Recurring revenue from residential, business, maritime, aviation and government connectivity plans — the fastest-growing line.
• Crew & cargo flights NASA Commercial Crew and cargo missions under multi-year Dragon contracts.
• Starship (development) Not the primary cash engine today; positioned to unlock lower cost-to-orbit and new addressable markets over time.

Operations

Tesla designs and manufactures electric vehicles (including Model 3 / Y and the broader lineup), energy storage (Powerwall, Megapack) and solar products. The Supercharger network supports charging infrastructure, and software packages enable driver-assist and Full Self-Driving features. Manufacturing footprint across Fremont, Shanghai, Berlin and Texas determines volume, cost per vehicle and overall profitability.

Revenue streams

• Automotive sales Primary revenue: vehicle sales to consumers and fleets, plus related leasing and regulatory credit income in selected markets.
• Energy generation & storage Residential batteries, utility-scale Megapacks and solar — expanding with grid storage and commercial demand.
• Services & other Supercharging, vehicle service, insurance, connectivity and used-vehicle sales tied to the installed fleet.
• Software & autonomy Paid FSD / Autopilot packages and potential network services — high gross-margin upside subject to adoption and regulation.