logoalt Hacker News

projektfuyesterday at 10:19 PM3 repliesview on HN

$16B is the top line gross revenue number.

You don't count R&D as an expense per GAAP, so...

They have claimed $8B in EBITDA, also leaving out the amortization of R&D costs.

Those aren't audited numbers, as far as I know.


Replies

JumpCrisscrossyesterday at 10:48 PM

> Those aren't audited numbers, as far as I know

SpaceX has been audited for over a decade.

show 2 replies
pnwyesterday at 10:51 PM

Audited financials would be released with the S-1. But it's very unlikely that they are not audited given the amount of money they have raised.

scuff3dyesterday at 11:30 PM

No related to this conversation, but I just started reading some books on finance and I actually know what most of those terms mean now! Lol

show 3 replies