SpaceX drops 9.73% premarket after first earnings since IPO
SPCX Space Exploration Technologies Corp
$162.57 +1.25%
View chart & analysis → - 1SpaceX (SPCX) fell 9.73% in premarket trading after releasing its first quarterly results since its June IPO.
- 2Revenue rose 92% to $7.8 billion, beating the $6.93 billion estimate, while the $0.09 per-share loss was narrower than the $0.26 consensus.
- 3Of the $18.4 billion in capital expenditure, $15.8 billion went to AI, with only the connectivity segment turning a profit, and the company ended the period with $100 billion in cash and cash equivalents.
Source GuruFocus.com +1 · View original ↗
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