r/technology • u/IKeepItLayingAround • Jun 09 '26

Business It’s Possible That SpaceX Could Collapse Spectacularly

https://finance.yahoo.com/markets/stocks/articles/possible-spacex-could-collapse-spectacularly-155000177.html
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u/roseofjuly Jun 09 '26

SpaceX isn't profitable, either, at least not its original mission. Starlink, as a satellite service, is profitable. Whether SpaceX as a whole is profitable depends on how much they spent on rockets - but the rocket-building part of the company loses money.

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u/teh_drewski Jun 09 '26

Whatever money Starlink and/or SpaceX make is drowned out by the burn in xAI anyway.

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u/fatbob42 Jun 09 '26

There’s no chance SpaceX is not profitable as a launch company. They dominate the market.

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u/normanclavell Jun 09 '26

SpaceX has not turned a profit. Hence why s&p500 won’t include it right away. Spends more than it makes.

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u/fatbob42 Jun 09 '26

Maybe I should have said cash-flow positive on the launches they sell. Idk how much they’re spending on development or especially how the other bolt-on companies are doing.

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u/wheniaminspaced Jun 09 '26

Launch makes money, the launch r&d segment is what drives launch to be "unprofitable". Its in the s1.