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A better comparison is how much it has cost SpaceX to get to where they are (and still at least 3 years left to go for their Mars mission) - $2.5B in equity fun
by umeshunni 8y ago
A better comparison is how much it has cost SpaceX to get to where they are (and still at least 3 years left to go for their Mars mission) - $2.5B in equity funding + $10s of billions in revenue over the last 10 years.
- proy24 8y agoquestion..how does spacex make revenue? or I might just google...
- angus-prune 8y agoPeople pay them to put things into space
- avip 8y agoShould be their moto. out: "SPACEX DESIGNS, MANUFACTURES AND LAUNCHES ADVANCED ROCKETS AND SPACECRAFT" in: "SpaceX: We put things in space so you won't have to"
- TheSpiceIsLife 8y agoDon’t they sell space launch services?
- manigandham 8y agoThey are in the commercial space launch business. They deliver satellites and other payloads to orbit and the ISS.
- umeshunni 8y agoA lot of their initial revenue came from Air Force and other military contracts to launch satellites to space. GPS satellites, spy satellites etc. E.g here's an article from 2016 about them launching a GPS satellite for ~$90M: https://www.reuters.com/article/us-space-spacex-launch-ula-idUSKCN0XP2T2 https://www.reuters.com/article/us-space-spacex-launch-ula-i... More recently they also launch private satellites. Iirc, Facebook has plans to launch their next satellites on a SpaceX rocket (an earlier attempt failed).