SpaceX Q3 Earnings Release: AI Business Growth and Turnaround to Operating Profit
SPCX Space Exploration Technologies Corp
$147.79 -0.11%
View chart & analysis → - 1SpaceX announced its third-quarter results on October 20.
- 2SpaceX recorded $14.6 billion in revenue for the third quarter, nearly doubling compared to three months ago.
- 3SpaceX achieved an operating profit of $2.8 billion in the third quarter, turning a profit from an operating loss of $273 million a year ago.
So what's the key point?
SpaceX generated $14.6 billion in revenue during the third quarter. The company turned a profit with an operating income of $2.8 billion, compared to an operating loss last year.
Source The Motley Fool +1 · View original ↗
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