SpaceX posts nearly $5 billion loss on $18.5 billion revenue

SpaceX posted a nearly $5 billion loss in 2025 on revenue of $18.5 billion. The figure includes the acquisition of xAI as the company seeks a public listing.

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Elon Musk’s aerospace venture, SpaceX, recorded a significant financial loss of nearly $5 billion for the fiscal year 2025, despite generating revenue exceeding $18.5 billion. The figures, reported by The Information on Thursday, highlight a sharp transition from the company's profitable performance in the previous year.

A view of the SpaceX Launch Complex situated at launch pad 39-A within the Kennedy Space Center in Florida, captured on April 6, 2026. REUTERS/Brendan McDermid
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