SpaceX recorded revenue of US$4.7 billion (R$23.5 billion) in the first quarter, according to IPO documents released by Elon Musk’s space exploration company and seen by The New York Times.
The documents also revealed that the company carries a total debt of US$29 billion (R$145.3 billion)reflecting massive investments in space technology projects.
SpaceX: billion-dollar investment in the Starship project
- SpaceX invested more than US$15 billion (R$75.2 billion) specifically in the development of Starshipits next-generation rocket designed for interplanetary missions and heavy payload transportation;
- Starship represents one of the company’s main technological bets to expand its space transport capabilities and enable long-distance missions, including eventual colonization of Mars.
The company’s revenue in 2025 was US$18.7 billion (R$93.7 billion)an increase of 33% compared to 2024. However, the company lost more than US$4.9 billion (R$24.5 billion) last year, compared to a profit of US$791 million (R$4 billion) in 2024.
Capital investments nearly doubled to US$20.7 billion (R$103.8 billion) due to high spending on AI development (the company merged with xAI at the beginning of the year). In the first three months of this year, SpaceX lost almost as much money as it lost in the entirety of 2025, with a loss of US$4.3 billion (R$21.5 billion).
SpaceX’s most profitable business is Starlink, satellite internet, which had 10.3 million of subscribers at the end of March, double compared to the previous year. Last year, Starlink had operating revenue of about US$4.4 billion (R$22 billion)also more than double the previous year.
Source: www.olhardigital.com.br
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