SpaceX Prospectus Reveals: Starlink Revenue Reaches $4.42 Billion, SpaceX Cash Reserves Exceed $22.8 Billion
Svmuu News: SpaceX's prospectus reveals that its Starlink business saw operating revenue rise to $4.42 billion last year, a significant increase from $2 billion in 2024 and $469 million in 2023. Additionally, the document discloses that Musk and a few insiders will maintain voting control through a dual-class share structure after the IPO. The company's cash balance increased from approximately $11.4 billion at the end of 2024 to over $22.8 billion. As of the end of 2025, total assets were approximately $92 billion, total liabilities were approximately $50.8 billion, and cash and cash equivalents on the balance sheet were $24.8 billion. Meanwhile, the xAI business's operating loss expanded to $6.4 billion last year. (RTRS)
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