Which company, founded by Elon Musk, is recognized for revolutionizing private space exploration with the development of reusable rockets?

SpaceX

SpaceX, founded in 2002 by entrepreneur Elon Musk, has played a crucial role in transforming space exploration by making space travel more accessible through the development of reusable rockets. Their Falcon 9 rocket, capable of returning to Earth and landing vertically after launching its payload into orbit, has significantly reduced the costs of space missions. SpaceX also made history by becoming the first private company to send astronauts to the International Space Station (ISS) in 2020, paving the way for the future of commercial space exploration and ambitious projects like the colonization of Mars.