this post was submitted on 01 Dec 2024
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-45
Elon Musk Rehires Entire Supercharger Team After Halting Development by Firing Them - Glass Almanac (glassalmanac.com)
submitted 2 weeks ago by cyrano@lemmy.dbzer0.com to c/technology@lemmy.world
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[โ€“] NeilBru@lemmy.world 6 points 2 weeks ago (1 children)

I think SpaceX is profitable too.

[โ€“] Buffalox@lemmy.world 3 points 2 weeks ago

OK maybe it is, I tried to find out, they had pretty massive deficits 2021 and 2022, but are estimated to have turned a profit in 2023.
But since then there have been a lot of delays and failures with Starship.
So I'm not sure they will be profitable for 2024, But being a privately held company, we can't know for sure. So I admit I can't claim they are running deficits.