SPACEX HAS SPENT MORE THAN $15 BILLION ON STARSHIP AND IS RACING TO MAKE ROCKETRY RESEMBLE AN AIRLINE SCHEDULE

Summary from the TLDR newsletter

SpaceX has so far spent more than $15 billion developing Starship. The company's capital expenditure surged nearly fivefold between 2024 and 2025 to $20.7 billion. Of that spend, $12.7 billion was directed at AI initiatives. Starlink is still the company's financial engine, making $11.4 billion in revenue in 2025.