SpaceX’s Loss Masks Explosive Growth | Orlando News

SpaceX just dropped its first public earnings report — a $541 million loss, but investors may breathe easier since it was less than feared. Revenue? Nearly doubled to $7.8 billion, showing explosive growth. The company’s pouring billions into R&D and infrastructure — up 500% in a year — betting it’ll hit $1 trillion in revenue by 2030 instead of 2031. Starlink subscribers doubled in the last quarter, NASA is eyeing their spacecraft for moon missions, and SpaceX says humans are headed back to the moon by 2028. It’s a bold, high-stakes play: massive spending now for astronomical returns later. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/2c946f7270c2706d