Why is SpaceX, with an annual profit of only $3.7 billion, valued at $2 trillion!? Annual profits in 2025: Google - $132.17 billion, Microsoft - $119.26 billion, Apple - $112.01 billion, Amazon - $77.67 billion. Here’s what SpaceX is currently working on: 1. **Starlink (Core Cash Cow)**: Revenue of $11.5 billion, profit of $5 billion. Its main business is providing global satellite network services, making it SpaceX's largest source of profit. 2. **Rocket Launches (Stable Cash Flow Business)**: Revenue of $4.5 billion, profit of $700 million. Provides satellite launch services for NASA, the military, and commercial enterprises, essentially a space logistics business. 3. **Military and NASA Contracts (Long-Term Guaranteed Business)**: Revenue of $2.5 billion, profit of about $500 million. Backed by long-term U.S. government orders, ensuring extremely stable cash flow. 4. **Starship (Future Core Growth Business)**: Currently no revenue; annual R&D losses exceed $2.5 billion. At this stage, it’s purely an investment-heavy project, with the core goal of reducing space transportation costs by 100x. Now, let’s calculate the total profit: $5B + $700M + $500M - $2.5B = $3.7B. It’s clear that Google, Microsoft, Apple, and Amazon’s annual profits—each over $100 billion—are more than 25 times that of SpaceX. But valuation reflects expectations for the foreseeable future. Once you understand Elon Musk’s true ambitions and SpaceX’s ecosystem layout, it all makes sense: Musk’s SpaceX is building rockets → launching satellites → creating a global network. This is the foundational infrastructure for the future of human civilization. In the near future, this powerful network will connect everything: phones, computers, cars, drones, robots, aircraft, planes, military forces, ships, and even brains. All of it will operate within his ecosystem. He wants to own the foundational infrastructure for the future of human civilization. In the future, everyone will become a SpaceX user, and no one will be able to live without SpaceX.