Report: SpaceX posted $18.5 billion in revenue and a $5 billion loss last year
All eyes on are SpaceX as it prepares for a blockbuster IPO as soon as this summer, and everyone is eager to get a look at the company’s official numbers for the first time.
The Information is reporting that last year, SpaceX posted $18.5 billion in revenue with a $5 billion loss.
According to the report, the numbers reflect the combined finances of SpaceX and xAI, which it acquired in February.
After acquiring xAI, SpaceX’s successful space launch and satellite business may have been dragged down by xAI’s massive data center spending. Earlier this year, Bloomberg reported that xAI had burned through $8 billion in the first nine months of 2025.
According to the report, the numbers reflect the combined finances of SpaceX and xAI, which it acquired in February.
After acquiring xAI, SpaceX’s successful space launch and satellite business may have been dragged down by xAI’s massive data center spending. Earlier this year, Bloomberg reported that xAI had burned through $8 billion in the first nine months of 2025.
