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Elon Musk’s SpaceX reported a loss of nearly $5 billion in 2025, according to The Information.
SpaceX reported a nearly $5 billion loss in 2025 despite $18.5 billion in revenue.
KEY POINTS
- The 2025 loss contrasts with an $8 billion profit in 2024, indicating a major financial swing.
- SpaceX's reported financials now include xAI, Musk’s AI venture acquired in February 2025.
- SpaceX is building a chip packaging facility in Bastrop, Texas, to support Starlink hardware.
- The Bastrop facility will expand by one million square feet and cost over $280 million.
COMPANIES
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