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SpaceX 🚀

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Nate

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SpaceX is set to make about $15.5 billion this year, CEO Elon Musk said on his social media platform X, with only about $1.1 billion of the private rocket company’s revenue coming from NASA. Next year, he said SpaceX’s commercial revenue will likely exceed NASA’s budget, which President Donald Trump hopes to slash by a quarter, from $24.8 billion to $18.8 billion. The latest figures suggest that SpaceX, which makes most of its revenue from its Starlink internet satellites, could become less reliant on government funding. Some investors expect Starlink to become its own public company in the next few years. Other companies and researchers with fewer resources are meanwhile bracing for cuts to NASA’s science division and dealing with the uncertainty of the agency’s leadership after Trump pulled his pick for the next administrator. wsj.com/business/spacex-r..
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Musk Says SpaceX Revenue Will Near $16 Billion in 2025

A busy rocket-launch business and growth in the Starlink satellite division are driving gains for the privately held company.

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