SpaceX achieves first quarterly profit and discusses Tesla merger
SPCX Space Exploration Technologies Corp
$147.79 -0.11%
View chart & analysis → - 1SpaceX reported its first quarterly profit of $4.4 billion in the third quarter.
- 2Elon Musk projected SpaceX's annual recurring revenue range to be between $500 billion and $1 trillion by the end of 2027.
- 3SpaceX and Tesla have formed a special committee to discuss a merger.
So what's the key point?
SpaceX has made a profit for the first time. A special group has been formed to discuss merging with Tesla.
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