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Forbes Daily Briefing

From The ‘School Of Elon Musk’ To Billion-Dollar Startups: Meet SpaceX’s Alumni Founders

Forbes Daily Briefing

Forbes

Business, Tech News, News

4.418 Ratings

🗓️ 12 January 2026

⏱️ 5 minutes

🧾️ Download transcript

Summary

Former SpaceX propulsion CTO Thomas Mueller’s space startup reached unicorn status this year thanks to $525 million in funding since 2021. It’s just one of 141 other startups founded by SpaceX alumni.

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Transcript

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0:00.9

Here is your Forbes Daily Briefing from Monday, January 12th.

0:05.6

Today on Forbes, from the School of Elon Musk to Billion Dollar Startups, Meet Space X's

0:12.2

alumni founders. In January 2002, Elon Musk strolled into a warehouse in Los Angeles, where he spotted Thomas Muller, hoisting

0:22.7

an 80-pound engine over his shoulder as he bolted it into the lower thrust structure of a rocket.

0:28.6

This wasn't a day job.

0:30.7

Mueller, then an engineer at aerospace manufacturer TRW, would often spend his weekends with

0:36.8

amateur rocket club reaction research

0:39.1

society to build new kinds of rockets outside his scope at work. Musk had shown up at the

0:45.0

club's headquarters to sell its members, including Mueller, on his vision of building a space

0:50.3

company that would enable humanity to one day colonize Mars. Before Mueller had the chance to

0:56.6

set the engine down, Musk began firing question after question. Mueller recalls, quote,

1:02.2

in very typical Elon fashion. What is that? Is that a big engine? What's the biggest engine you've

1:08.2

worked on? A 650,000 pound engine for TRW, he responded hesitantly.

1:15.4

After all, the only thing Mueller knew about Musk was that he was an internet millionaire,

1:19.8

recently ousted from his CEO position at PayPal.

1:23.0

But it didn't take long for the two to click.

1:25.7

When asked if he could build an engine of similar

1:27.7

scale from scratch for Musk, Mueller said yes, even though he knew the real answer was no.

1:34.5

Mueller said, quote, that was the optimism and the naivity that Elon wanted to see because

1:39.8

that's the way he was, too. The very next week on Super Bowl Sunday, Mueller invited Musk over to his house, where they

1:48.0

and a few other members from the Rocket Club conceived what came to be known as the Merlin

1:52.4

engine.

...

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