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You get the goss with a verdict, a score out of 10, and the sources to check us.

Do we like SpaceX?

Rockets, Starlink satellite internet and (since buying xAI) AI; based in Texas, USA. Flies NASA astronauts.

Our score: 5 out of 10. Mixed. Real engineering and public-service value, but a poor worker-safety record, environmental fines and one man holding near-total control. We'd back it cautiously.

Elon Musk started SpaceX in 2002 with about $100 million from his PayPal sale, aiming for cheaper rockets. Now it flies NASA astronauts and launches Starlink satellites. It also runs a military satellite network called Starshield.

It's now a public company. SpaceX listed on Nasdaq in June 2026 in the biggest IPO ever. Musk owns roughly 42% but controls over 82% of the votes, so shareholders have little say. The company has also swallowed Musk's AI firm xAI.

Worker safety is the big stain. Reuters documented at least 600 previously unreported injuries going back to 2014, and later found injury rates at several sites above the industry average. Musk and SpaceX did not respond to Reuters on the 2024 figures.

Regulators keep clashing with it. The EPA fined it $148,378 over Texas pollution. The FAA proposed a $633,009 fine over launch violations, and Musk threatened to sue. A Mississippi court has now refused to dismiss an NAACP suit over gas turbines powering its AI data centres.

The tech is impressive and the public-service work is real, but the safety record and Musk's near-total control hold the score at 5.

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Our take, from what the sources we read say on the day we checked. It can miss things; tap a source to read it.