How did SpaceX's revenue change from 2021 to 2022?

SpaceX reported $4.6B in revenue for fiscal year 2022. This represents a +76.9% change compared to 2021. Estimates place 2022 revenue at roughly 4.6 billion dollars, an approximate 76.9 percent jump as Starlink passed one million subscribers and launch cadence accelerated sharply.

FY2022 Revenue

$4.6B

▲ 76.9% vs FY2021 ($2.6B)

Source: Annual report / company filing

SpaceX reported $4.6B in revenue for fiscal year 2022. This represents a growth of 76.9% compared to the 2021 figure of $2.6B. In 2023, revenue increased to $8.7B.

Estimates place 2022 revenue at roughly 4.6 billion dollars, an approximate 76.9 percent jump as Starlink passed one million subscribers and launch cadence accelerated sharply.

Revenue by Year

FY2024 FY2023 FY2022 FY2021 FY2020

SpaceX Annual Revenue History

Year	Revenue	YoY Change
FY2024	$13.1B	+50.6%
FY2023	$8.7B	+89.1%
FY2022	$4.6B	+76.9%
FY2021	$2.6B	+30.0%
FY2020	$2.0B	—

Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.

← Previous year

FY2021: $2.6B

Next year →

FY2023: $8.7B

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