Post by Max Kennerly
I'm supposed to say SpaceX was profitable in 2024, but it wasn't, that $791M profit included a $659M non-cash tax benefit, fully reversed in 2025. Operating income: +$466M ('24), -$2.6B ('25), -$1.9B…
By Max Kennerly
I'm supposed to say SpaceX was profitable in 2024, but it wasn't, that $791M profit included a $659M non-cash tax benefit, fully reversed in 2025. Operating income: +$466M ('24), -$2.6B ('25), -$1.9B…
By Max Kennerly