• Meta’s losses from its Reality Labs project total $15 billion since last year, with no end in sight.

• Meta losses have come under scrutiny after some were disappointed with Mark Zuckerberg’s recent update on the metaverse.

• Put into perspective, the losses have grown to more than the combined market caps of 4 major US airlines.

Meta’s losses from their metaverse project keep piling up.

The tech giant reported $10 billion in losses last year, and more than $5 billion so far in 2022, with many experts projecting the pace of losses to accelerate further.

Meta has said that it is spending this huge amount of money on research, development and employee-related costs, but the precise details of