SpaceX records $14.6 billion in Q3 revenue, improving profitability
SPCX Space Exploration Technologies Corp
$144.75 -9.14%
View chart & analysis → - 1SpaceX recorded $14.6 billion in revenue for the third quarter, a 161% increase year-over-year.
- 2SpaceX reported a net profit of $4.4 billion, reversing last year's $1.1 billion loss.
- 3The SpaceX projected stock price of $360 by the end of 2027 represents a 122% upside from the current price.
So what's the key point?
SpaceX earned $14.6 billion in the third quarter, overcoming last year's losses to turn a profit. Experts believe there is a high possibility that this stock will rise further in the future.
Source The Motley Fool +1 · View original ↗
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