aerospace / news / / Euronews
SpaceX lost $2.6 billion (€2.24bn) from operations last year on $18.7 billion in revenue.
SpaceX lost $2.6 billion from operations last year despite $18.7 billion in revenue.
KEY POINTS
- Musk's compensation is partly tied to establishing a permanent human colony on Mars with one million inhabitants.
- Starlink generated $4.4 billion in operating income last year, while SpaceX's AI business lost $6.4 billion.
- SpaceX and key shareholders will control the board via a special share class with 10 votes per share.
- SpaceX is reportedly aiming to raise about $75 billion, surpassing the Saudi Aramco IPO record.
COMPANIES
Summarized by Newsio from Euronews. How we summarize →