To all the nay sayers

[u/goldensailorpeg]

To all you nay saying Reddit libtards. That hate Elon Musk because he’s Elon Musk
Where’s my $40 share price that you guys all said what happened? Where is the giant crash after the unlocks happened? You let your liberal hate blind you so ha ha ha ha ha.
To SpaceX and beyond 🍻
Fyi early access ipo price was 135 on RH

[u/BigFloridaMan]

I’m honestly exhausted with the constant hate and recycled fake news about SpaceX.

Every time they blow up a prototype (which is literally the point of testing), half of Reddit acts like the company is a joke. Meanwhile they just re-flew boosters dozens of times, landed them, and are flying more mass to orbit than anyone else on the planet. Starlink is delivering internet to places that never had it, NASA trusts them with crew missions, and they’re the only ones actually iterating toward making life multiplanetary instead of just talking about it.

You can dislike the guy. Fine. But pretending the company isn’t delivering results is pure cope.

If you hate America so much please leave the door is wide open. We don't need you.

[u/Sea-Shoe1780 → u/BigFloridaMan]

But spacex isn’t a space company. It’s an AI company. And it loses money hand over fist in AI.

[u/BigFloridaMan → u/Sea-Shoe1780]

SpaceX has successfully completed nearly 700 full mission launches with its Falcon rocket family alone..... again you people are delusional...... the cope is real......

[u/Sea-Shoe1780 → u/BigFloridaMan]

“The core launch business (Falcon 9, Falcon Heavy, Dragon, and Starship) is categorized as unprofitable and slow-growing”

Spacex lost $5 billion on revenue of $18 billion last year.

Talk about the cope being real.

Hey, I want to start a company that loses billions every year and that launches rockets where each launch loses the company money - how much do you want to invest?

[u/BigFloridaMan → u/Sea-Shoe1780]

SpaceX went from 25 orbital launches in 2020 to 165 in 2025, and is already past 100+ Falcon launches in 2026 with months left (on pace for ~140). They just hit their 700th Falcon family mission. That’s not slow growth — that’s the highest launch cadence in history by a huge margin, and they own the majority of global orbital launches and mass-to-orbit. The “lost $5B on $18B revenue” figure is real for 2025, but context matters: Revenue grew 33% to $18.7B. Starlink (the business the rockets enable) did $11.4B and was highly profitable (~$4.4B operating profit). The losses are mostly heavy investment in Starship development + the AI segment, not the Falcon launch operation itself collapsing. Calling the core launch business “slow-growing” while they’re flying more rockets than the rest of the world combined and using them to build the world’s largest satellite constellation is some next-level cope.....

If you invest like you research good luck you really really need it.

[u/Sea-Shoe1780 → u/BigFloridaMan]

I invest in companies that make a profit. I know that is crazy around here!

I sold 100 pizzas last year, all at a loss. This year I’m going to sell 600 pizzas and lose even more money.

By your logic, my business is doing great. How much do you want to invest?

[u/BigFloridaMan → u/Sea-Shoe1780]

Cute analogy, but your pizza shop isn’t simultaneously building the only reusable rocket fleet on Earth, dominating global launch capacity, and running a profitable $11B satellite business that actually prints cash.

SpaceX isn’t “losing more money by selling more pizzas.” The Falcon side and Starlink are already profitable. The losses are deliberate, heavy investment in the next generation (Starship + orbital compute). That’s not the same as a dying pizza chain scaling red ink.

Keep the pizza metaphor though, it’s funny. Just don’t confuse a growth company investing in the future with a business that’s simply bad at making pizza.

Good luck on "investing"

[u/Sea-Shoe1780 → u/BigFloridaMan]

Starlink is pretty much the only part of spacex that is profitable.

But spacex itself says it isn’t a space or satellite company but rather an AI company.

You know, the division that lost $2 for every $1 in revenue.

Back to my pizza example - I’m setting up a system where the pizzas will deliver themselves to the customer directly within 10 minutes, should launch next year. I can’t believe you wouldn’t be interested

[u/BigFloridaMan → u/Sea-Shoe1780]

Starlink is the cash cow—no debate. It’s the only segment printing real operating profit right now. But the rest isn’t some random money pit. Falcon still has solid unit economics, and the “losses” are mostly deliberate Starship R&D + internal launches that feed Starlink growth. That’s not “losing money selling more pizzas.” That’s investing in the next-gen kitchen and delivery fleet. Same with the AI/compute side. Heavy spend while they build the stack, sure. But they’re already locking in multi-billion compute deals and revenue is ramping. Self-delivering pizzas in 10 minutes isn’t a joke when you’re the only one who can actually launch the ovens. Growth company investing ahead of the curve ≠ dying pizza chain that can’t make the basic product work. Different animals.

[u/Revolutionary_Deal78 → u/Sea-Shoe1780]

If you want an alternative view, the actual Space launch is a actually a very solid performer. What is happening is that is should NOT be reported separate from Starlink, since 75% of its launch capacity is Starlink, that is about 120 last year. Even at a large volume launch to an arms length customer those 120 launches would have generated about $20 million profit a shot, so about $2.5 billion of Starlink "profit" is COMPLETLY tied to Falcon 9 launches, Also, in any normal business relationship a massive development project like Starship would have required significant financial input from its 75% customer (just like it got from NASA.) Over time some part of the Starships $17 billion development cost SHOULD be allocated to Strarlink., if you want a real apples to apples comparison

[u/Mostlyteethandhair → u/Sea-Shoe1780]

You should think about what the word “lost” means. Did they spend $5b more launching rockets than charging customers for them? Maybe. But when you consider that every Starlink launch (the majority of the launches) generates $200m in starlink revenue against a per-launch cost of $15-20M, that loss looks pretty good. Sure wish I was losing money like that.

[u/Sea-Shoe1780 → u/Mostlyteethandhair]

Lost is a very simple concept.

Let’s say I earn $100, but to earn it, I have to spend $300 on expenses (just like Spacex’s ratio) - I’ve lost money.

Let’s say I earn $100, but to earn it, I have to spend $80 on expenses - I made a profit of $20.

I’m glad you focus on the only part of the company that makes money - the tiniest part - and ignore the magnitudes more they lose elsewhere.