ICICI Bank vs SpaceX: Founders, CEOs and History

Company facts

Founders

CEOs and their tenures

Timeline: ICICI Bank and SpaceX side by side

1. 1955ICICI Bank

   ICICI Founded as Development-Finance Institution

   ICICI was formed to provide medium- and long-term project finance to Indian businesses.

2. 1994ICICI Bank

   ICICI Bank Incorporated

   ICICI Bank was incorporated as part of the ICICI group during India's post-liberalization banking opening. The move gave ICICI a deposit-taking commercial bank able to serve retail, corporate, and transaction-banking customers.

3. 1999ICICI Bank

   NYSE Listing Milestone

   ICICI became the first Indian company and the first bank or financial institution from non-Japan Asia to list on the New York Stock Exchange. The listing expanded global visibility and imposed a higher disclosure profile on the group.

4. 2001ICICI Bank

   Bank of Madura Amalgamation

   Bank of Madura was amalgamated with ICICI Bank with effect from March 10, 2001. The deal added branches, customers, and a southern India presence that helped the young bank build distribution faster than organic expansion alone.

5. 2002ICICI Bank

   Reverse Merger Created Universal Bank

   ICICI, ICICI Personal Financial Services, and ICICI Capital Services merged into ICICI Bank.

6. 2002SpaceX

   SpaceX is founded

   Elon Musk founded Space Exploration Technologies Corp. to reduce launch costs and make Mars settlement technically possible.

7. 2008SpaceX

   Falcon 1 reaches orbit

   Falcon 1 became the first privately developed liquid-fuel rocket to reach orbit, rescuing SpaceX after three failed attempts.

8. 2010ICICI Bank

   Bank of Rajasthan Merger

   The Bank of Rajasthan merger strengthened ICICI Bank's branch network, especially in northern and western India. The transaction mattered because local branches and deposits still supported private-bank scale even as digital channels were growing.

9. 2012SpaceX

   Dragon reaches the ISS

   Dragon became the first private spacecraft to dock with the International Space Station, proving SpaceX could serve NASA cargo missions.

10. 2015SpaceX

    Falcon 9 booster landing

    SpaceX landed an orbital-class booster, establishing the technical base for reusable launch economics.

11. 2017SpaceX

    Orbital booster reflight

    SpaceX reflown an orbital-class booster, pushing reuse from demonstration into operating model.

12. 2018ICICI Bank

    Sandeep Bakhshi Became MD and CEO

    Sandeep Bakhshi became Managing Director and CEO in October 2018 after Chanda Kochhar requested early retirement. His tenure has been associated with a sharper focus on risk controls, asset quality, governance, and steady retail-led growth.

13. 2020SpaceX

    Crew Dragon carries astronauts

    SpaceX became the first private company to carry astronauts to orbit, restoring U.S. crew launch capability.

14. 2021SpaceX

    Acquired Swarm Technologies

    SpaceX acquired Swarm Technologies.

15. 2023SpaceX

    Starship flight testing begins

    SpaceX conducted the first integrated Starship flight test, starting the high-risk development cycle for its next launch system.

16. 2025ICICI Bank

    FY2025 Balance Sheet Scale

    The FY2025 integrated report listed Rs 16,103.48B in deposits, Rs 13,417.66B in loans and advances, Rs 21,182.40B in standalone total assets, and a 16.55% capital adequacy ratio.

17. 2025ICICI Bank

    FY2025 Profitability

    ICICI Bank reported Rs 472.27B in standalone profit after tax and Rs 510.29B in consolidated profit after tax for FY2025. Profitability matters because the bank has to fund technology, compliance, provisions, and growth while keeping capital strong.

18. 2025ICICI Bank

    IMobile and Card Scale

    IMobile processed 558M transactions worth Rs 11,238B in FY2025, and the bank had close to 18M active credit cards at March 31, 2025.

19. 2025SpaceX

    FY2025 revenue reaches $18.674B

    SpaceX reported $18.674B in FY2025 revenue and a $4.937B net loss in its 2026 prospectus.

20. 2026ICICI Bank

    Q1 FY2027 Profit Up 15.9%

    Standalone profit rose 15.9% to Rs 14,805 crore for April-June 2026, with net interest income up 12.7% and net NPAs at 0.35%.

21. 2026ICICI Bank

    Bakhshi Reappointed to 2028

    The RBI approved Sandeep Bakhshi's reappointment as MD and CEO for two years from October 4, 2026.

22. 2026ICICI Bank

    FY2026 Profit Crosses Rs 50,000 Crore

    Standalone net profit rose 6.2% to Rs 50,146.6 crore in FY2026, with a 4.32% net interest margin and 15.8% loan growth.

23. 2026SpaceX

    Prospectus lists SPCX and Starlink scale

    The 2026 prospectus described a Nasdaq listing under SPCX and about 10.3M Starlink subscribers as of March 31, 2026.

Acquisitions

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