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Sources: SpaceX lost just under $5B last year while generating more than $18.5B in revenue; the loss figure includes xAI

SpaceX lost just under $5 billion last year while generating more than $18.5 billion in revenue, two people familiar with the figures said.

The Information Cory Weinberg

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Discussion

  • @benjamindekr Benjamin De Kraker on x
    So right before SpaceX IPOs, it's being reported that the company made both $8 billion in profit AND now that it actually **lost** $5 billion last year (?) How does this work
  • @physicsmatt Matthew Buckley on bluesky
    That's ok, next year everyone's putting datacenters in space, a GW of which would require the entire yearly lift capacity of SpaceX.  Just think of the infinite money that everyone will be giving them to build this totally not-stupid thing that totally will work. www.physicsmatt.…
  • @davidevanlovett David Lovett on bluesky
    whoever had “Elon Musk pops the bubble” on their bingo cards, nice [embedded post]