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this post was submitted on 07 Jun 2026
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yeah, and they've made billions off of it.
at this rate, it'll only take a century or two to scratch the dent on the enormous costs!
have you actually looked at the numbers of cost and revenue, or are you just talking out of your ass?
reuters: SpaceX generated about $8 billion in profit on $15 billion to $16 billion of revenue last year
https://www.reuters.com/business/finance/spacex-generated-about-8-billion-profit-last-year-ahead-ipo-sources-say-2026-01-30/
SpaceX's annual capital expenditures quintupled in two years, hitting $20.7 billion in 2025, fueled by simultaneous Starship launch infrastructure and AI data center buildouts.
https://finance.yahoo.com/sectors/technology/articles/eye-watering-sum-spacex-spent-124427519.html
but that debt # includes stopgap loans before the IPO
https://money.usnews.com/investing/news/articles/2026-04-23/exclusive-spacex-refinanced-debt-with-stopgap-20-billion-loan-before-ipo-filing
costs will only go up from here, so by all means, give musko some of your money. what could go wrong?
lol i'm not giving them money, how stupid would i be. the IPO is completely overvalued
i'm just saying, somehow they managed to make a spaceflight company profitable on its own (excluding political subsidies), which i believe is rare actually. boeing etc just do it because they get funding from NASA. i think it is fascinating how much money can be made with satellite internet.
anyways, i don't like musk at all. we need more competition from europe and asia.