{"id":989032,"date":"2026-01-31T08:42:06","date_gmt":"2026-01-31T03:12:06","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=989032"},"modified":"2026-01-31T09:09:35","modified_gmt":"2026-01-31T03:39:35","slug":"spacex-generated-about-8-billion-in-profit-last-year-ahead-of-ipo-report","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/01\/31\/spacex-generated-about-8-billion-in-profit-last-year-ahead-of-ipo-report\/","title":{"rendered":"SpaceX generated about $8 billion in profit last year ahead of IPO: Report"},"content":{"rendered":"<p>SpaceX generated about $8 billion in profit on $15 billion to $16 billion of revenue \u2060last year, two people familiar with the company&#8217;s results said, providing fresh insight into the financial health of Elon Musk&#8217;s space company that is expected to go public later this year. <\/p>\n<p>SpaceX&#8217;s most \u200crecent financials, which \u200chave not been previously reported, led some banks to estimate that the company could raise more than $50 billion \u200cat a valuation exceeding $1.5 trillion, said the people, who asked not to be named to discuss private conversations. Reuters reported on Thursday that SpaceX is also in talks with Musk&#8217;s artificial intelligence company, xAI, about a merger ahead of the IPO.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SpaceX generated about $8 billion in profit on $15 billion to $16 billion of revenue \u2060last year, two people familiar with the company&#8217;s results said, providing fresh insight into the financial health of Elon Musk&#8217;s space company that is expected to go public later this year. SpaceX&#8217;s most \u200crecent financials, which \u200chave not been previously reported, led some banks to estimate that the company could raise more than $50 billion \u200cat a valuation exceeding $1.5 trillion, said the people, who asked not to be named to discuss private conversations. Reuters reported on Thursday that SpaceX is also in talks with [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-989032","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/989032","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=989032"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/989032\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=989032"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=989032"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=989032"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}