SpaceX files for record-breaking IPO with rockets, AI, and Mars ambitions at the center
SpaceX reported $18.7 billion in revenue in 2025, up from $14 billion a year earlier, but posted a net loss of $4.94 billion after turning a profit in 2024. That trend has continued into 2026, with a $4.28 billion loss on $4.69 billion in revenue in the first quarter.
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