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SpaceX was founded to develop, manufacture, and launch advanced rockets and spacecraft and create commercial opportunities in space by implementing low manufacturing costs, low operational costs, time-efficient operations design, and high-efficiency performance in flight. SpaceX has since established itself as one of the world’s leading private manufacturers and developers of advanced rockets and spacecraft, becoming the first privately funded company to successfully launch, orbit, and recover a spacecraft and the first private company to send a spacecraft to the International Space Station (ISS).