SpaceX performance details revealed: reported revenue exceeded $18.5 billion last year, with a loss of nearly $5 billion.

According to media reports on Thursday quoting sources, Elon Musk's space exploration technology company SpaceX, which is set to go public, is expected to generate revenue exceeding $18.5 billion in 2025, but the losses will be close to $5 billion. The reported losses include Musk's artificial intelligence startup xAI, which SpaceX acquired in February this year. SpaceX is the world's most active launch company and has laid out grand plans for achieving interstellar travel. The company has also outlined plans to deploy artificial intelligence data centers in orbit. According to reports in January, SpaceX secretly filed for an IPO in March this year, with revenue last year between $15 billion and $16 billion. SpaceX is seeking to go public with a potential valuation exceeding $1.75 trillion.