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SpaceX Achieves First Quarterly Profit and 830% Surge in AI Revenue

The Motley Fool +1 · ·by G4L

SPCX Space Exploration Technologies Corp
$142.07 +5.81%
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  1. 1SpaceX recorded its first quarterly profit in the third quarter.
  2. 2SpaceX's AI revenue increased by 830% in the third quarter.
  3. 3CEO Elon Musk expects next year's revenue to be between $500 billion and $1 trillion.

So what's the key point?

SpaceX made a profit for the first time this quarter. With AI revenue growing by 830%, the company is expected to record even higher revenue next year.

Source The Motley Fool +1 · View original ↗

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