Redorbit8/19/2023

SpaceX Turns Quarterly Profit for First Time in Q1 2023

Heidi
According to leaked company information, SpaceX turned a profit of $55 million on $1.5 billion in expenses in Q1 2023. It had been operating at a loss, though it managed to start closing the gap in 2022. Most startups will normally operate at a loss for years before finally posting profits. This phenomenon is called … Continue reading "SpaceX Turns Quarterly Profit for First Time in Q1 2023" Keeping reading SpaceX Turns Quarterly Profit for First Time in Q1 2023 on RedOrbit