Their revenue for 2023 was 8.7B. It's probably going to be close to that total of 11B. I think at this point they are basically profitable. Of course they are investing heavily in new money makers (like star ship). But I don't think they are low on cash at this point or in need of more investments.

Sounds like a good investment to me. Too bad it's a private company; I would have loved to buy some shares otherwise.

Other companies, like Boeing, are in fact spending lots of money as well on rockets. They just have less to show for it. Boeing has wasted many billions on a rocket that is basically not going to be very competitive given that SpaceX has cheaper ones.