TLDR · BIG TECH & STARTUPS

MUSK SAYS SPACEX REVENUE WILL NEAR $16 BILLION IN 2025

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Summary from the TLDR newsletter

SpaceX is on track to generate about $15.5 billion in revenue in 2025. The startup is privately owned, so information about its performance is rare. SpaceX's two main business lines are its launch operation and Starlink. Elon Musk claims that commercial revenue at SpaceX will exceed NASA's entire budget next year. A large part of the startup's cash is flowing toward Starship.