Elon Musk's SpaceX posted revenue of $1.5 billion in the first quarter of 2023, the Wall Street Journal reported on Thursday, citing company documents. The company's profit in the trimester stood at $55 million, after two years of losses.
The report also noted that SpaceX documents showed its revenue in 2022 doubled to $4.6 billion, while loss for the twelve-month period fell from $968 million in 2021 to $559 million last year.
SpaceX is a private company and does not publicly release its full quarterly results.
