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SpaceX reports loss of $541 million in first report since record-setting IPO
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SpaceX said its quarterly loss of $541 million was an improvement over the year prior, when it shed $1 billion during the same period.
The company raised $75 billion after pricing its shares at $135 each in June, and its stock began trading at $150 per share.
In the run-up to going public, SpaceX had disclosed a track record of losses, including $13 billion since the start of 2023.
With Tuesday’s result, SpaceX’s losses since the beginning of 2026 are over $4.8 billion.
The post SpaceX reports loss of $541 million in first report since record-setting IPO appeared first on Washington Post.