100 rockets by end of 2023: How Musk's SpaceX is setting records

TECH

SpaceX said in October that it hopes to launch 100 rockets by the end of 2023.

CEO Elon Musk, however, wants to set an even bigger goal for 2024.

On Nov 8, the company successfully sent another 23 Starlink satellites into orbit.

With this, the aerospace company completed its 80th launch of the year.

It has now delivered more than 1,000 metric tons of mass to orbit for the year.

Last year, SpaceX set a record for the most orbital missions launched by a private firm in a single year.

The cost for Starlink project can vary depending on the design, capabilities, and production volume.

SpaceX aims to bring down the cost of each Starlink satellite to less than $1 million, Musk said.

Elon Musk's net worth is $217.3 billion, making him the richest person in the world.

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