Musk's SpaceX is on track to bring in about $9 billion in revenue this year and $15 billion next year

According to a report by Bloomberg, Musk’s SpaceX company expects to achieve revenue of approximately US$9 billion (approximately 65.7 billion yuan) from rocket launches and Starlink business this year. By 2024, sales are expected to increase to approximately US$15 billion (approximately 109.5 billion yuan)

People familiar with the matter said that as the Starlink business gradually enters more regions around the world, the sales of this business will It is expected to surpass the rocket launch business next year, when the project will account for the majority of SpaceX's revenue. SpaceX is expected to earn more than $3 billion this year after excluding some projects, people familiar with the matter said.

It is worth mentioning that SpaceX CEO Musk also said last week that SpaceX’s Starlink business has achieved cash flow breakeven. And he said last year that "Starlink is still losing money" and his biggest goal for the company is "not to go bankrupt."

This news is a milestone for SpaceX.

#However, there are still few financial details about SpaceX, after all, it is a private company.

According to multiple media reports, SpaceX’s revenue will double to US$4.6 billion in 2022; overall costs will increase by 56% to US$5.2 billion in 2022; first-quarter profit will be US$55 million, with revenue of US$1.5 billion. And the Starlink business alone will generate $1.4 billion in revenue in 2022.

In addition, SpaceX President and Chief Operating Officer Gwynne Shotwell said earlier this year that the company has successfully achieved positive quarterly cash flow and is on track to become profitable this year

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