SpaceX Spending Takes Off

SpaceX spent more money last year. It invested in its Starship rocket and Starlink internet. This spending helps the company grow fast.

New numbers show SpaceX spending. The company used $5.2 billion on its Starship program. It also spent $3.2 billion on Starlink. This is a big jump from the year before.

Starship is a very big rocket. It will carry people to the Moon and Mars. Starlink provides internet from space. It connects people in far-off places.

This spending shows SpaceX is pushing forward. It wants to reach new goals in space. Investors watch these moves closely. They see potential for future returns.

Source: CNBC