SpaceX beats revenue expectations in first earnings report after IPO crash

Shortly after going public, SpaceX released its first earnings report as a listed company, posting seven point eight one billion dollars in revenue for the quarter—beating Wall Street's forecast by nearly one billion dollars and marking a ninety-two percent year-over-year increase. Per The Guardian, the company also narrowed its operating losses to five hundred forty-one million dollars, compared to one billion dollars a year earlier.

Listen to this story

Hear this and more stories in a personalized audio briefing.

Open The Chonkerton