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SpaceX beats first-quarter revenue forecast…$18.4 billion in capex

Moby +1 ·

NVDA NVIDIA Corp
$211.88 +2.54%
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  1. 1SpaceX (SPCX) posted first-quarter revenue of $7.81 billion, beating the $6.93 billion consensus estimate and rising 92%
  2. 2Three-month capex of $18.4 billion translates to $2.35 invested per $1 of revenue, with AI accounting for $15.8 billion
  3. 3Starlink connectivity revenue of $4.29 billion and operating profit of $1.66 billion make it the only profitable segment, funding the investment

This 3-line summary is compiled from the report below.

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