USSTOCK.TODAY
Weekend. Closed
Log in Sign up

SpaceX records $4.4 billion in Q3 net profit, achieving first quarterly profit

Investing.com ·

INTC Intel Corp
$86.96 +1.72%
View chart & analysis →
  1. 1Citi has begun observing positive catalysts for SpaceX over the next 90 days.
  2. 2SpaceX recorded a net profit of $4.4 billion in Q3, achieving its first quarterly profit since going public.
  3. 3CEO Elon Musk mentioned that a potential merger with Tesla would be a good idea.

So what's the key point?

SpaceX earned $4.4 billion in profit during the third quarter, marking the first time the company has made money. It will be worth watching to see if more good news comes from the company in the future.

Source Investing.com · View original ↗

Today's 5 AI picks, all free
Nothing hidden: past picks and how they did against the S&P 500.
See today's picks →