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SpaceX reported $7.8 billion in revenue versus $6.7 billion expected, with adjusted EBITDA of $3.5 billion. The company posted a $541 million net loss, an improvement from $1.0 billion. CFO Bret Johnsen cited $100 billion in cash and $47.5 billion in backlog.
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Summary by ByteBrief
SpaceX revenue rises as stock drifts