Rare look at SpaceX finances: Losses receding, years behind schedule:
SpaceX is not publicly traded, so financial details are extremely scarce ...
heise.de/news/Rarer-Blick-auf-SpaceX-Finanzen-Verluste-gehen-zurueck-Jahre-hinter-dem-Plan-9258291.html
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Insight into annual reports: SpaceX is said to have said goodbye to its Bitcoin - Golem.de
golem.de/news/wieder-profitabel-spacex-erfolgsbericht-loest-kurseinbruch-von-bitcoin-aus-2308-176858.html
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US Defense Secretary gives Elon Musk position within Pentagon: Earlier in August, Wall Street Journal reported that Musk agreed to donate at least $100 million ...
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SpaceX: Analysts are turning up their heat: SpaceX shares recovered after initial declines, supported by analyst optimism and strong quarterly figures ...
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SpaceX Earnings: Here’s How Wall Street Reacted As Shares Fall 9%: Elon Musk’s rocket maker said its quarterly spending surged sixfold.
forbes.com/sites/tylerroush/2026/08/05/heres-what-analysts-are-saying-about-spacex-earnings-report-sends-stock-down-9/
Musk's SpaceX in talks to supply the Pentagon with computing power, WSJ reports: Elon Musk's SpaceX is in talks to provide the U.S. Department of Defense with ...
reuters.com/business/media-telecom/musks-spacex-talks-provide-computing-power-pentagon-wsj-reports-2026-07-17/
This is Elon Musk's right-hand man at Tesla, SpaceX and X: Omead Afshar is considered Elon Musk's "problem solver" and has important roles at Tesla ...
businessinsider.de/wirtschaft/das-ist-elon-musks-rechte-hand-bei-tesla-spacex-und-x/
Access to information: NASA chief is concerned about Elon Musk's possible contacts with Vladimir Putin
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NASA Chief Calls For Investigation Into Report Of Elon Musk's Talks With Putin: "That would be concerning, particularly for NASA, the Department of Defense ...
huffpost.com/entry/nasa-bill-nelson-investigation_n_671bd2c4e4b0aa35532e96ba
Elon Musk’s Twitter buy: Add bankers to the list of victims: Seven banks lent Elon Musk $13 billion to buy Twitter. Now they're stuck with the debt.
fastcompany.com/91176174/elon-musk-twitter-buy-bankers-loans-victims
Key FactsMusk and Banks: A Financial Catastrophe
Aug 23, 2024 · Reading time: ~30 sec.
Summary created with AI assistance · Source: fastcompany.com
Summary created with AI assistance · Source: fastcompany.com
- Elon Musk acquired Twitter for $44 billion, with the backing of seven major banks that provided loans totaling $13 billion. Initially, this investment appeared promising for the banks; however, due to Twitter's poor financial performance and rising interest rates, they are struggling to offload the debt.
- Since the acquisition, Twitter has lost approximately 71.5% of its value, making these loans the worst-performing in the banking industry since the 2008 real estate crisis. The loans are classified as 'hung,' meaning they cannot be sold. While banks could sell them at a loss, they might recover their initial investment plus higher interest if Musk repays them.
- Advertising revenue has plummeted, complicating the platform's monetization. Musk has sued an advertising trade group, claiming they instigated a boycott against X. Despite some renewed interest due to upcoming elections, the platform's future remains uncertain.
- High-profile co-investors, including Andreessen-Horowitz, Larry Ellison, and Sequoia Capital, are also feeling the financial strain from the deal, having invested nearly $5 billion together. Musk's shares have lost about $17 billion in value, and his leadership changes have led to complaints about harassment and increased hate speech on the platform.
Internal pre-Starlink SpaceX financials show big spending on moonshot bets: While the comprehensive balance sheets are five years old, they provide an intimate ...
techcrunch.com/2024/04/11/internal-pre-starlink-spacex-financials-show-big-spending-on-moonshot-bets/
Key FactsSpaceX Spending on Moonshot Bets
Apr 11, 2024 · Reading time: ~30 sec.
Summary created with AI assistance · Source: techcrunch.com
Summary created with AI assistance · Source: techcrunch.com
- Confidential SpaceX financial reports for 2018 and 2019 reveal the company's reliance on Starlink for profitability.
- The pivotal years of 2018 and 2019 saw significant events like the Falcon Heavy rocket launch and Crew Dragon capsule test.
- The company reported revenues of $1.98 billion in 2018 and $1.45 billion in 2019, but also faced losses due to high costs.
- The financials indicated NASA contracts played a significant role in SpaceX's revenue, while the introduction of the Starship rocket may change the game.
John Deere tractors will soon come with Starlink satellite internet: Elon Musk says the deal will be "great for farmers." and for Starlink ...
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Musk’s SpaceX Reportedly Inks Deal With EU To Launch Satellites: European officials were initially hesitant to work with the U.S.-based company ...
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This is how far Starlink is behind its own goals: Around eight years ago, Starlink, the satellite internet subsidiary of Elon Musk's space company SpaceX, amb
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Paid articlePaywallToo Many Satellites: Astronomers Voice Concern Over Second-Gen Starlink: The astronomers are calling on the FCC to hit pause or deny SpaceX's request to launch ...
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The World's Richest Person 2022: Jeff Bezos has topped Forbes’ billionaires list for the past four years. This year, there’s a new number one.
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Apollo Global Management is willing to finance a Twitter buyout, sources say: Private equity firm Apollo Global Management is willing to provide financing for a ...
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Bitcoin Creator Satoshi Nakamoto Could Be Unmasked at Florida Trial: A seemingly run-of-the-mill trial is playing out in Florida: The family of a deceased man is ...
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Bezos’s Blue Origin sues US over Nasa’s decision to award contract to SpaceX: Lawsuit filed after Blue Origin offered Nasa $2bn if it would change its mind on ...
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Germany readies subsidies for satellite internet providers such as Starlink: Germany wants to help citizens in rural areas get better access to the world wide ...
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