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SpaceX Achieves First Quarterly Profit as a Listed Company

The Motley Fool +1 ·

  1. 1SpaceX recorded a quarterly earnings per share of $0.35, achieving its first quarterly profit as a listed company.
  2. 2Super intelligence segment revenue grew 830% from $813 million in the previous year to $7.56 billion.
  3. 3SpaceX executed $16.4 billion in capital expenditures for the super intelligence segment this quarter.

So what's the key point?

SpaceX has turned a profit for the first time in a quarter. This means the company has started making money as revenue related to artificial intelligence increased by 830%.

Source The Motley Fool +1 · View original ↗

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