How did SpaceX's revenue change from 2023 to 2024?

SpaceX reported $13.1B in revenue for fiscal year 2024. This represents a +50.6% change compared to 2023. Reported 2024 revenue of about 13.1 billion dollars represented an estimated 50.6 percent increase, driven largely by Starlink subscriber growth alongside roughly 134 orbital launches.

FY2024 Revenue

$13.1B

▲ 50.6% vs FY2023 ($8.7B)

Source: Annual report / company filing

SpaceX reported $13.1B in revenue for fiscal year 2024. This represents a growth of 50.6% compared to the 2023 figure of $8.7B.

Reported 2024 revenue of about 13.1 billion dollars represented an estimated 50.6 percent increase, driven largely by Starlink subscriber growth alongside roughly 134 orbital launches.

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

FY2023: $8.7B

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