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SpaceX continues growth with $14.6 billion in Q3 revenue

The Motley Fool +1 · ·by G4L

SPCX Space Exploration Technologies Corp
$139.75 -2.33%
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  1. 1SpaceX recorded $14.6 billion in Q3 revenue, a 161% increase from the previous year.
  2. 2The Superintelligence (SI) division achieved $7.6 billion in Q3 revenue.
  3. 3CEO Elon Musk claimed there is a clear path to achieving hundreds of billions of dollars in annual connectivity revenue.

So what's the key point?

SpaceX grew significantly in the third quarter with $14.6 billion in revenue. Revenue from the Superintelligence division also increased, opening the way for more future profits.

Source The Motley Fool +1 · View original ↗

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