April 9 (Reuters) – Elon Musk’s IPO-bound SpaceX posted a loss of nearly $5 billion in 2025 on revenue of more than $18.5 billion, The Information reported on Thursday, citing sources. Reuters could not immediately verify the report. SpaceX did not immediately respond to a Reuters’ request for comment outside regular business hours. * The […]
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SpaceX posted nearly $5 billion loss in 2025, The Information reports
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April 9 (Reuters) – Elon Musk’s IPO-bound SpaceX posted a loss of nearly $5 billion in 2025 on revenue of more than $18.5 billion, The Information reported on Thursday, citing sources.
Reuters could not immediately verify the report. SpaceX did not immediately respond to a Reuters’ request for comment outside regular business hours.
* The loss includes Musk’s artificial intelligence startupxAI, which SpaceX acquired in February, according to the report. * SpaceX is the world’s most active launch company and hasset out ambitions to make interplanetary travel viable. It hasalso outlined plans to deploy artificial intelligence datacenters in orbit. * The company, which confidentially filed for a U.S. listingin March, generated about $8 billion in profit last year onrevenue of $15 billion to $16 billion, Reuters reported inJanuary. * SpaceX is seeking a public listing at a potentialvaluation of more than $1.75 trillion.
(Reporting by Mrinmay Dey in Mexico City; Editing by Sumana Nandy and Subhranshu Sahu)