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The reported loss marks a sharp reversal from the company’s performance a year earlier.
SpaceX posted a nearly $5 billion loss in 2025 despite revenues exceeding $18.5 billion.
KEY POINTS
- This loss contrasts with an $8 billion profit the previous year on lower revenues.
- The integration of xAI, acquired in February, significantly contributed to SpaceX's increased costs.
- SpaceX plans to deploy AI-powered data centres in orbit, raising near-term capital expenditures.
COMPANIES
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