SpaceX, Preparing for IPO, Projected to Incur $5 Billion Deficit in 2025 Due to xAI Acquisition

Under the leadership of Elon Musk, aerospace giant SpaceX, despite surpassing a revenue of $18.5 billion (approximately 3 trillion yen) in 2025, is expected to report a loss of around $5 billion (approximately 800 billion yen), according to sources cited by The Information. SpaceX acquired Musk's AI company, xAI, in February, and the losses from this division have been reflected in the financials. The startup...