Claims tagged with "SpaceX"

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By the end of 2021, SpaceX had accumulated almost $5.4 billion in tax losses, according to the most recent figure in the documents. 0.900

👤 The author 📋 News Article 🏷️ SpaceX , Taxes , Finance

Simplified: SpaceX had accumulated almost $5.4 billion in tax losses by the end of 2021.

1 sources

1 month ago
In 2021, it lost $968 million. 0.900

👤 The author 📋 News Article 🏷️ SpaceX , Losses , Finance

Simplified: SpaceX lost $968 million in 2021.

1 sources

1 month ago
Those losses ballooned in subsequent years, reaching $341 million in 2020. 0.900

👤 The author 📋 News Article 🏷️ SpaceX , Losses , Finance

Simplified: SpaceX's losses reached $341 million in 2020.

1 sources

1 month ago
The next year, it lost $14.5 million. 0.900

👤 The author 📋 News Article 🏷️ SpaceX , Losses , Finance

Simplified: SpaceX lost $14.5 million the next year.

1 sources

1 month ago
In its first year of operation in 2002, the company lost about $4 million, the documents show. 0.900

👤 The author 📋 News Article 🏷️ SpaceX , Losses , Finance

Simplified: SpaceX lost about $4 million in its first year of operation in 2002.

1 sources

1 month ago
He owned 44 percent of the company as of 2022, according to the documents. 0.900

👤 The author 📋 News Article 🏷️ Elon Musk , SpaceX , Ownership

Simplified: Elon Musk owned 44 percent of SpaceX as of 2022.

1 sources

1 month ago
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... 0.800

👤 The author 📋 News Article 🏷️ SpaceX , Earnings , Finance

Simplified: SpaceX had roughly $5 billion in earnings from core operations last year up from $2.6 billion in 2023.

1 sources

1 month ago
In 2020, federal contracts generated almost 84 percent of the rocket maker’s revenue, according to the documents, a figure that had not been previously reported. 0.900

👤 The author 📋 News Article 🏷️ SpaceX , Revenue , Government Contracts

Simplified: Federal contracts generated almost 84 percent of SpaceX's revenue in 2020.

1 sources

1 month ago
For SpaceX, that means that nearly $3 billion of its losses can be indefinitely applied against future taxable income. 0.900

👤 The author 📋 News Article 🏷️ SpaceX , Taxes , Finance

Simplified: SpaceX can indefinitely apply nearly $3 billion of losses against future taxable income.

1 sources

1 month ago
But the documents reviewed by The Times show that SpaceX can seize on a legal tax benefit that allows it to use the more than $5 billion in losses it racked up by late 2021 to offset paying future tax... 0.900

👤 The author 📋 News Article 🏷️ SpaceX , Taxes , Finance

Simplified: SpaceX can use a tax benefit to offset future taxable income with $5 billion in losses by 2021.

1 sources

1 month ago
But SpaceX has most likely paid little to no federal income taxes since its founding in 2002 and has privately told investors that it may never have to pay any, according to internal company documents... 0.800

👤 The author 📋 News Article 🏷️ SpaceX , Taxes , Finance

Simplified: SpaceX has likely paid little to no federal income taxes since 2002.

1 sources

1 month ago
SpaceX, Elon Musk’s rocket and satellite internet company, has received billions of dollars in federal contracts over its more than two-decade existence. 0.900

👤 The author 📋 News Article 🏷️ SpaceX , Business , Government Contracts

Simplified: SpaceX has received billions in federal contracts over two decades.

1 sources

1 month ago
Four astronauts, including the first from India, Poland, and Hungary in over 40 years, returned to Earth after a SpaceX mission. 0.990

👤 The author 📋 News 🏷️ Spaceflight , Space Exploration , Astronauts , SpaceX , India , Poland , Hungary

Simplified: Four astronauts returned to Earth after SpaceX mission including first astronauts from India Poland Hungary in over 40 years

1 sources

2 months ago