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SpaceX records operating loss in space segment, surge in connectivity segment revenue

The Motley Fool +1 ·

SPCX Space Exploration Technologies Corp
$147.49 +1.89%
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  1. 1SpaceX space segment revenue recorded $1.8 billion for the quarter.
  2. 2SpaceX space segment operating loss recorded $7 million for the quarter.
  3. 3Connectivity segment operating profit recorded $2.4 billion, up 99% year-over-year during the third quarter.

So what's the key point?

SpaceX's space segment saw a loss of $7 million. The connectivity segment recorded a profit of $2.4 billion.

Source The Motley Fool +1 · View original ↗

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