SpaceX is a silver factory for Elon Musk, records $ 2 billion in 2018

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SpaceX, arguably the most successful private space company of all time, made headlines last year with a record number of successful launches for various clients. And all of these take-offs and landings have apparently worked wonders for the company's bank account.

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Financial services company Jefferies decided to show the numbers and see who did what in the space industry last year. The results were announced over the weekend and, according to their estimates, the company Elon Musk has generated a turnover of about $ 2 billion through these launches, a figure that makes it the leader of the pack at this regard.

According to analyst Sheila Kahyaoglu, the key to the success of the company lies in the low price that the company requests to send products in orbit. A price impossible to obtain without the ability of its rocket to land and launch again safely.

"Although SpaceX is newer on the market, its lower price has allowed them to outperform competitors in terms of estimated annual introductory revenue," she said according to CNBC.

United Launch Alliance (ULA), Orbital ATK and Arianespace lag behind, with the European company accounting for about half of Musk's revenues.

In 2018, SpaceX rockets were multiplied by 20, breaking all records in the sector and having very little success in the 22 launches it had set.

The latest mission was SpaceX's first national security concert and carried into orbit 31 Air Force GPS satellites used to provide positioning and navigation information to US and allied forces operating around the world.

Founded in 2002, SpaceX quickly climbed the ladder with the reusable Falcon 9 rocket, which can be considered the most successful reminder in history.

They are cheaper to use than any other product on the market and can handle fast turnaround time, which means that each of the recovered boosters can be quickly used for a new launch.