SpaceX has spent more than $15 billion developing its next-generation Starship rocket, according to the company’s IPO registration reviewed by Reuters, a sum that dwarfs the cost of its workhorse Falcon rocket as Elon Musk’s space company nears a ​decade trying to perfect a fully reusable launch system.

Follow the biggest business stories of the day with Reuters. Subscribe for $1/week. Subscribe now.

 

Reuters Business

Reuters Business

 

SpaceX spending on Starship tops $15 billion in rush for airline-like rocketry 

 

Yen jumps sharply as Japan warns it is ready to intervene again 

 

Apple shares rise on strong quarterly sales in run-up to CEO change 

 

Exxon beats first-quarter earnings estimate despite hit from Iran conflict 

 

Pentagon reaches agreements with leading AI companies 

 

Chevron's upstream strength lifts first-quarter earnings past estimate 

 

Estee Lauder plans to cut up to 3,000 more jobs, lifts annual profit forecast 

 

Colgate-Palmolive beats Q1 estimates on strong international demand 

 

Wall St Week Ahead US stocks rally could find fuel in earnings, jobs data amid surging oil prices 

 

Sell in May and go away? Not so fast, investors. 

 

Sponsors are not involved in the creation of newsletters or other Reuters news content. Advertise in this newsletter or on Reuters' website

LiveIntent Logo
AdChoices Logo
 

Reuters Business is sent every weekday. Think your friend or colleague should know about us? Forward this newsletter to them. They can also sign up here.

Want to stop receiving this email? Unsubscribe here. To manage which newsletters you're signed up for, click here.

This email includes limited tracking for Reuters to understand whether you’ve engaged with its contents. For more information on how we process your personal information and your rights, please see our Privacy Statement.

Terms & Conditions

 

© 2026 Thomson Reuters. All rights reserved.
3 Times Square, New York, NY 10036