I like your link!
But SpaceX is not out of this race yet. Just two weeks into the New Year, SpaceX returned to space with the successful launch of 10 Iridium satellites last week. The company has a second mission tentatively scheduled to go up as soon as Jan. 30. At the pace it’s setting, SpaceX could conceivably launch a couple dozen rockets — or more — this year, which would be plenty to get the company back operating in the black. Meanwhile, SpaceX CFO Bret Johnson confirms that the company’s balance sheet remains in tact despite two money-losing years.
With over $1 billion of cash in the bank, no debt, and rockets rising into space at a pace that should more than offset costs, 2017 could be the year that SpaceX turns “profitable and cash-flow positive” once again.
And yes, they never did publish what their 2017 results were from...hmmmm...still yet to prove they have made any money.
Musk is piling money into R&D. SpaceX would be profitable if he wasn’t investing in the BFR. On the point made by another poster regarding government “handouts”, every big company gets handouts of some kind or another. Corporate welfare is a real thing. Hell, even companies you’d think would get zero (like chemical companies) get massive breaks and benefits. Have a problem Tesla and SpaceX? then have one with any fortune 1000 company. Basically, it’s a non issue.