SpaceX Reveals Its Finances For the First Time (nytimes.com)
(Friday May 22, 2026 @11:00AM (BeauHD)
from the drawing-back-the-curtains dept.)
SpaceX has [1]revealed its financials for the first time as it prepares for a [2]potentially massive IPO . The New York Times reports:
> SpaceX's revenue soared to $18.7 billion in 2025, up 33 percent from a year earlier, the company [3]disclosed in a filing required of firms that are seeking to go public. In the first three months of this year, revenue rose to $4.7 billion from $4.1 billion in the same period a year ago. But the company lost more than $4.9 billion last year, compared with a $791 million profit in 2024, as capital expenditures nearly doubled to $20.7 billion from heavy spending on artificial intelligence development. In the first three months of this year, SpaceX lost almost as much money as all of 2025, recording a $4.3 billion loss.
[1] https://www.nytimes.com/2026/05/20/technology/elon-musk-spacex-ipo.html
[2] https://slashdot.org/story/26/04/01/2043248/spacex-files-to-go-public
[3] https://www.sec.gov/Archives/edgar/data/1181412/000162828026036936/spaceexplorationtechnologi.htm#id286866c4c474ba490d6531a57db9e93_54
> SpaceX's revenue soared to $18.7 billion in 2025, up 33 percent from a year earlier, the company [3]disclosed in a filing required of firms that are seeking to go public. In the first three months of this year, revenue rose to $4.7 billion from $4.1 billion in the same period a year ago. But the company lost more than $4.9 billion last year, compared with a $791 million profit in 2024, as capital expenditures nearly doubled to $20.7 billion from heavy spending on artificial intelligence development. In the first three months of this year, SpaceX lost almost as much money as all of 2025, recording a $4.3 billion loss.
[1] https://www.nytimes.com/2026/05/20/technology/elon-musk-spacex-ipo.html
[2] https://slashdot.org/story/26/04/01/2043248/spacex-files-to-go-public
[3] https://www.sec.gov/Archives/edgar/data/1181412/000162828026036936/spaceexplorationtechnologi.htm#id286866c4c474ba490d6531a57db9e93_54