SPHEREx is a future near-infrared space observatory that will perform an all-sky survey to measure the near-infrared spectra of approximately 450 million galaxies. In February 2019, SPHEREx was selected by NASA for its next Medium-Class Explorers mission, beating out two competing mission concepts: Arcus and FINESSE. As of August 2022, SPHEREx is targeted to launch no earlier than April 2025 on a Falcon 9 launch vehicle from Vandenberg Space Force Base. The principal investigator is James Bock at California Institute of Technology (Caltech) in Pasadena, California.