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Yearly revenue has no meaning without knowing the yearly operating cost. If their yearly operating cost is greater than yearly revenue, that's means they are s
by venusenvy47 2y ago
Yearly revenue has no meaning without knowing the yearly operating cost. If their yearly operating cost is greater than yearly revenue, that's means they are still spending the funding dollars. What was their operating cost for 2023?
- jillesvangurp 2y agohttps://www.fool.com/investing/2024/03/17/how-much-money-will-spacex-make-in-2024/ https://www.fool.com/investing/2024/03/17/how-much-money-wil... A quick google search suggests they had a few billion in profit last year.
- throw9474 2y agoYeah those articles are bogus, they are just guessing at operating expenses and also exclude cap-ex, which is a big miss when we don't know satellite lifetimes.
- jillesvangurp 2y agoIf you have better information, please share it. But so far this just sounds like baseless speculation.