SpaceX posted $5 billion loss

The financial results reflect the massive capital expenditures required for the development of the Starship rocket and the Starlink satellite constellation.

While the losses are significant, they are not unexpected for a company focused on long-term technological breakthroughs.

Analysts suggest that SpaceX's valuation remains high due to its dominant position in the launch market and the growing strategic importance of space access.

The report has fueled speculation about a possible merger with Tesla following an IPO, a move that could further consolidate Musk's industrial empire.