A couple of articles.
“WSJ News Exclusive | A Rare Look Into the Finances of Elon Musk’s Secretive SpaceX” is paywalled.
“CNBC: SpaceX reportedly turned a profit in the first quarter” quoting from the Wall Street Journal, supra.
The Journal reports that SpaceX posted a first-quarter profit of $55 million on revenue of $1.5 billion. For the full year 2022, Elon Musk’s rocket company posted a loss of $559 million on revenue of $4.6 billion, the report says. It roughly halved losses while doubling what it brought in during 2021.
SpaceX tallied $5.2 billion in total expenses last year, up from $3.3 billion the year earlier, according to the Journal.
u/tendie_time provided what seems to be a vertaim quotation of the entire article at
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Acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that I’ve seen in this thread:
Fewer Letters More Letters FCC Federal Communications Commission ~ (Iron/steel) Face-Centered Cubic crystalline structure HLS Human Landing System (Artemis) Jargon Definition Starlink SpaceX’s world-wide satellite broadband constellation
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