Elon Musk–led SpaceX reportedly generated approximately $8 billion in profit on revenues ranging from $15 billion to $16 billion last year, offering fresh insight into the company’s financial standing as the rocket manufacturer prepares for what could become the world’s largest initial public offering.
The figures, which had not previously been made public, were reported by Reuters on Friday, citing sources familiar with SpaceX’s finances.
The company did not immediately respond to Benzinga‘s request for comment.
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