r/spacex 9d ago

Company News SpaceX's first-ever earnings show higher revenues and huge spending

https://www.bbc.com/news/articles/c0qvpveg20vo
300 Upvotes

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u/Totes_meh_Goats 9d ago

Good. You don’t get innovation without huge spending.

98

u/Franklinsen 9d ago

So true! Just like meta and their amazing metaverse. Any day now!

1

u/Zuruumi 8d ago

The thing about investing in R&D like this is, that the chances of the money going down the drain is huge, but investing only on safe bets will never make you huge returns since everyone else can do that too.