Jun. 17 at 1:16 AM
$SPCX $NASA $QQQ $NDAQ
The
$4.3 billion quarterly loss becomes even more striking when you look at the details. Starlink generated about
$1.19 billion in operating profit, but it was overwhelmed by losses elsewhere. The space launch business lost
$662 million and the AI division lost roughly
$2.5 billion.
That leaves about
$2 billion in net losses from the company’s operating segments alone. The remaining
$2.3 billion came from corporate overhead, interest expense, Twitter/X, and other costs grouped into broad categories in the filing.
Even with more than
$1 billion in profit from Starlink, the company still lost
$4.3 billion in a single quarter.
