A couple of articles.
“WSJ News Exclusive | A Rare Look Into the Finances of Elon Musk’s Secretive SpaceX” is paywalled.
“CNBC: SpaceX reportedly turned a profit in the first quarter” quoting from the Wall Street Journal, supra.
The Journal reports that SpaceX posted a first-quarter profit of $55 million on revenue of $1.5 billion. For the full year 2022, Elon Musk’s rocket company posted a loss of $559 million on revenue of $4.6 billion, the report says. It roughly halved losses while doubling what it brought in during 2021.
SpaceX tallied $5.2 billion in total expenses last year, up from $3.3 billion the year earlier, according to the Journal.
u/tendie_time provided what seems to be a vertaim quotation of the entire article at
Plus having the government as a customer is very different from receiving subsidies from the government. SpaceX certainly has got some r&d funds from nasa, but on the whole most of their “government funding” comes in the form of contracts that they won on merit.
Tesla’s a bit different, but consider that the government intended to spend a bunch of subsidize the rollout of electric cars and I’d argue that they got what they paid for. Had it not been for Tesla moving aggressively into that space I don’t think we’ve have nearly as many viable electric cars at this point. Certainly it’s more of a subsidy to it was to achieve a specific policy goal and that’s really not quite the same as (for example) when we specifically bail out a company with taxpayer funds because they are at risk of failure.