Premise: Space Exploration Technologies Corporation , better known as SpaceX , is an American aerospace manufacturer and space transport services company headquartered in Hawthorne , California . It was founded in 2002 by entrepreneur Elon Musk with the goal of reducing space transportation costs and enabling the colonization of Mars . SpaceX announced in 2011 that they were beginning a privately funded reusable launch system technology development program . In September 2016 , CEO Elon Musk unveiled the mission architecture of the Interplanetary Transport System program , an ambitious privately funded initiative to develop spaceflight technology for use in manned interplanetary spaceflight , and which , if demand emerges , could lead to sustainable human settlements on Mars over the long term .
Hypothesis: SpaceX is a company that focuses on technology.
Label: ENTAILMENT