SpaceX plans to spend $35 billion to $40 billion in Q4 alone
NVDA NVIDIA Corp
$162.85 -2.01%
View chart & analysis → - 1SpaceX recently closed a $40 billion bond issuance.
- 2SpaceX has set a spending plan of $35 billion to $40 billion for the fourth quarter alone.
- 3Elon Musk believes SpaceX will achieve an annual revenue goal of $1 trillion by 2030.
So what's the key point?
SpaceX plans to spend up to $40 billion in the final quarter of this year. The company is spending massive amounts of money to grow its business.
Source The Motley Fool +1 · View original ↗
Today's 5 AI picks, all freeNothing hidden: past picks and how they did against the S&P 500.