Musk Anticipates SpaceX Revenue of Nearly $16 Billion in 2025

Above all, the growth of the Starlink satellite division is driving profits for the private company. SpaceX is on track to record another significant revenue increase this year, according to Elon Musk. This continues the growth trajectory of the world's highest-grossing rocket launcher. Musk stated that the Texas-based company is expected to achieve a revenue of around $15.5 billion by 2025. The revenue is likely to have multiplied in recent years SpaceX has been privately owned since its founding by Musk in 2002, and it does not publicly...