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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Christopher Holloway
Christopher Holloway is the founder and director of Progressive Robot, a UK-based technology company. A full-stack engineer with more than two decades of experience, he works across PHP development, ecommerce, Linux infrastructure, technical SEO and AI automation, and writes here on technology, AI, hardware and software.
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