SpaceBBC Technologyabout 2 hours ago
SpaceX first earnings show revenue surge, big loss
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SpaceX reported first-ever quarterly earnings with revenue up 92% to $7.8 billion, but spending soared over 550% to $18.3 billion, producing a $541 million net loss. The company's stock fell nearly 9% in after-hours trading and has traded below its $135 IPO price for weeks.
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