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- Claim Text
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By one measure of corporate profitability, the company had roughly $5 billion in earnings from its core operations last year, up from $2.6 billion in 2023, according to what the company has privately told some stakeholders.
- Simplified Text
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SpaceX had roughly $5 billion in earnings from core operations last year up from $2.6 billion in 2023.
- Confidence Score
- 0.800
- Claim Maker
- The author
- Context Type
- News Article
- Context Details
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{ "year": "last year", "amount": "$5 billion", "company": "SpaceX", "subject": "earnings from core operations", "comparison": "$2.6 billion in 2023" } - UUID
- 9fdb577d-49cf-48cc-b336-7ed6646fe248
- Vector Index
- ✗ No vector
- Created
- September 12, 2025 at 2:29 AM (2 days ago)
- Last Updated
- September 12, 2025 at 2:29 AM (2 days ago)
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2 days ago
https://www.nytimes.com/2025/08/15/technology/spacex-musk-government-contracts-taxes.html?campaign_id=9&emc=edit_nn_20250815&instance_id=160603&nl=the-morning®i_id=122976029&segment_id=203954&user_id=b25c5730c89e0c73f75709d8f1254337
SpaceX, Elon Musk's company, has likely paid little to no federal income taxes since 2002, utilizing tax benefits and past losses. The company's heavy reliance on government contracts is highlighted.
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