the centre section you can see which will be an empty space this then goes through baffles plates into 2 more sections one each side which effectively is a box inside the main box which leads to the tail pipes one each side
so this is why you cant see a baffle as your looking into the empty centre section
There are various designs of exhaust silencer, one of which is an outer casing with a smaller inner casing, the gap between being filled with sound deadening material.
In this type if you look in through the inlet it appears to be an empty box.
There are various other methods employed which I won’t go into at the moment as it will only complicate matters.