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The loss includes Musk's artificial intelligence startup xAI, which SpaceX acquired in February.
SpaceX posted a nearly $5 billion loss in 2025 despite over $18.5 billion in revenue.
KEY POINTS
- The 2025 loss includes financials from xAI, Musk's AI startup acquired by SpaceX in February.
- SpaceX confidentially filed for a US IPO in March, targeting a valuation above $1.75 trillion.
- In 2024, SpaceX reportedly made about $8 billion in profit on $15–16 billion in revenue.
COMPANIES
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