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Some things are transparent.

The SLS has spent 23.8 billion in nominal dollars so far. SpaceX has received about 9.8 Billion total investment, which puts an upper limit on operating losses.



$9.8 billion legally-obligated-disclosable total investment. The disclosure requirements for NASA are stricter than for private industry (and there may also be an apples-to-oranges question on auditing and accounting: if NASA grants a company $500 million to do R&D, and that company turns around and pays its staff and fabrication costs with that money, is that a billion of expenditure on the SLS project or $500 million?).


I agree there are some Apples to oranges comparisons issues. For example, you would want to add pure R&D grants to the SpaceX total.

I don't follow your NASA example though. We know the NASA/government spend amount for the SLS (23.8 billion). We don't need to speculate on if there is double counting of government spend and contractor spend.




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