SpaceX Reports $4.9B Net Loss on $18.67B Revenue in 2025 IPO Filing

GateNews
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According to its IPO prospectus filed yesterday, SpaceX reported a $4.9 billion net loss on $18.67 billion in consolidated revenue for 2025. The filing shows SpaceX is valued at $1.75 trillion for the upcoming IPO.

Starlink, SpaceX's connectivity business, remains its only profitable unit and generated most of its Q1 2026 revenue.

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