SpaceX reports $4.6B revenue, $4.2B net loss in Q1
SpaceX reported significant financial results for Q1, with a revenue of $4.6 billion but a net loss of $4.2 billion. This marks a drastic shift from the previous year, where the company had a profit of $55 million. The losses are attributed to high capital expenditures related to the Starlink and Starship projects.
- ▪SpaceX generated $4.6 billion in revenue during Q1 2026.
- ▪The company reported a net loss of approximately $4.2 billion for the same period.
- ▪This represents a significant increase in revenue compared to $1.5 billion in Q1 2023, which had a profit of $55 million.
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SpaceX reports $4.6B revenue, $4.2B net loss in Q1 Leaked financials reveal Elon Musk's rocket company is burning cash at a staggering rate as Starlink and Starship development costs balloon. Share Add us on Google by Editorial Team May. 20, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); SpaceX pulled in roughly $4.6 billion in revenue during Q1, a number that sounds impressive until you see the other side of the ledger: a net…
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