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Average Salary in SpaceX

SpaceX, founded by Elon Musk in 2002, is a private American aerospace manufacturer and space transportation company. It has gained significant attention for its groundbreaking achievements in the space industry, including the development of the Falcon rockets and the Dragon spacecraft. As one of the most prominent players in the aerospace sector, many individuals are curious about the average salary offered by SpaceX. In this blog post, we will explore the average salary range at SpaceX, taking into account information from various reliable sources.

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Published onAugust 23, 2024
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Average Salary in SpaceX

SpaceX, founded by Elon Musk in 2002, is a private American aerospace manufacturer and space transportation company. It has gained significant attention for its groundbreaking achievements in the space industry, including the development of the Falcon rockets and the Dragon spacecraft. As one of the most prominent players in the aerospace sector, many individuals are curious about the average salary offered by SpaceX. In this blog post, we will explore the average salary range at SpaceX, taking into account information from various reliable sources.

Average Salaries at SpaceX

According to data from Glassdoor, SpaceX offers competitive salaries to its employees. The average base salary at SpaceX is around \$112,000 per year, with an additional average bonus of \$11,000. These figures are based on employee reports and estimates, providing a reliable glimpse into the compensation structure at the company. It is important to note that salaries can vary significantly depending on the position and level of experience.

PayScale Insights

PayScale, a popular salary comparison and career resource platform, provides further insights into the average salary at SpaceX. According to their research, the average annual salary at SpaceX is approximately \$73,000, ranging from \$30,000 in the bottom 10th percentile to \$141,000 in the top 90th percentile. This data suggests that SpaceX pays an average hourly rate of \$35.19. However, it is worth noting that these figures may not represent the entire range of positions available at SpaceX.

Salary Breakdown by Role

To gain a more comprehensive understanding of salaries at SpaceX, let's explore the average salaries for different roles within the company.

Engineers

Engineers play a crucial role at SpaceX, contributing to the design, development, and testing of aerospace systems. Glassdoor reports that the average salary for a software engineer at SpaceX is \$151,000 per year. Similarly, Indeed.com provides an average salary of \$118,000 per year for engineers at SpaceX. The salary range for aerospace engineers at SpaceX is estimated to be between \$142,000 and \$233,000 per year. These figures indicate that engineering roles at SpaceX offer competitive salaries.

Technicians

Technicians are essential for the production, assembly, and maintenance of spacecraft and launch vehicles. According to Indeed.com, the average hourly salary for technicians at SpaceX is \$30.00. The average salary for a production supervisor at SpaceX is reported to be \$115,000 per year. These figures demonstrate that technicians and production personnel at SpaceX receive attractive compensation.

The average salary at SpaceX is highly competitive and varies depending on the role and level of experience. It is evident that SpaceX values its employees and offers attractive salaries to attract and retain top talent in the aerospace industry. For more detailed salary information, it is recommended to refer to the mentioned sources.

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