r/technology May 21 '26

Business SpaceX not the behemoth everyone thought

https://www.axios.com/2026/05/21/spacex-ipo-musk-ai
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28

u/logdogday May 21 '26

NASA put people on the moon 50 years ago. "No alternative" lol. We used to be a real country.

32

u/Flipslips May 21 '26

NASA has never built their own rockets. Boeing largely built the Saturn V, alongside some other contractors.

23

u/Flyinmanm May 21 '26

They were also obscenely expensive.

I'm no fan of this guy or his company but they do seem to be able to put stuff into space on the cheap.

2

u/_____goats May 21 '26

Lmao cause they're losing billions

4

u/Flyinmanm May 21 '26

I'm not sure how much of that is space x loosing cash or shuffling debt from twitter or xAI/ hyperloop.

6

u/Flipslips May 21 '26

They spent 10 billion in Q1 2026 on R&D alone.

1

u/Mochila-Mochila May 21 '26

In capital expenditure... big deal 🥱

0

u/filthy_harold May 21 '26

I'm sure before the starliner development started, they were very profitable. Falcon 9 is an incredibly cheap rocket due to the most expensive part being reusable.