Space X likely does make a profit only because the aerospace industry has massive costs even when not operating. It would be extremely obvious if they were losing money because stuff would actually start falling apart and out of the sky. Space X gets lots of huge government contracts, whether they deliver on them or not, aerospace government contracts are some of the biggest cheques in the world. It probably will go down the tube's eventually once the stubborn government catches on, but for now I think they are still at least turning a minor profit.
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u/FridayNightRiot Sep 02 '24
Space X likely does make a profit only because the aerospace industry has massive costs even when not operating. It would be extremely obvious if they were losing money because stuff would actually start falling apart and out of the sky. Space X gets lots of huge government contracts, whether they deliver on them or not, aerospace government contracts are some of the biggest cheques in the world. It probably will go down the tube's eventually once the stubborn government catches on, but for now I think they are still at least turning a minor profit.