Teslaconomics
@Teslaconomics · Aug 18, 2023
2 main things driving SpaceX's profitability ($55M profit on $1.5B in revenue, 3.6% profits margin), despite a ~2X increase in expenses ($5.2B in 2022 vs. $3.3B in 2021) is 1/ rocket re-usability and 2/ Starlink. This is a MAJOR feat for SpaceX (company first started in 2002).
Elon Musk
@elonmusk
Got to fund Mara somehow
08:56 AM · August 18, 2023 · 66.5K views
144
47
1.1K