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# Internal pre-Starlink SpaceX financials show big spending on moonshot bets

**[TechCrunch](https://daily.dev/sources/tc)** · 3 min read · 0 upvotes · 0 comments

## Summary

Confidential financial statements from SpaceX reveal the company's dependence on its Starlink business unit and the upcoming Starship rocket to become cash flow positive. SpaceX experienced revenue growth from 2018 to 2019 but operated at a net loss. The company's financials also show significant spending on research and development, with a large portion focused on the Starlink and Starship programs. U.S. government contracts accounted for a significant portion of SpaceX's revenue during this period.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://techcrunch.com/2024/04/11/internal-pre-starlink-spacex-financials-show-big-spending-on-moonshot-bets/>

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---

Tags: [#revenue](https://daily.dev/tags/revenue), [#spacex](https://daily.dev/tags/spacex)

[View this post on daily.dev](https://daily.dev/posts/internal-pre-starlink-spacex-financials-show-big-spending-on-moonshot-bets-xcsbmpb9x)

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