Birdwatch Note Rating
2024-05-10 00:37:50 UTC - HELPFUL
Rated by Participant: 2DA3C7C5008750E186098CAD88F29E82FA3C0D66A017CB477B51E402A03AE7A5
Participant Details
Original Note:
The shown financials would indicate that SpaceX are *not* losing money on rocket launches, but making a $700M profit (in 2021) on this business (Core Operating Profit). Instead, the net income loss predominantly results from research and development (R&D). Source: https://payloadspace.com/estimating-spacexs-2023-revenue/
All Note Details