SpaceX delivers stronger than expected results, but the share price tumbles
SpaceX’s results are out, and the headlines are compelling: a 92% increase in revenue in Q2 compared to a year earlier. Revenues were $7.81bn, beating estimates of $6.93bn. The company posted a net loss of $541mn for Q2, which is nearly half the loss from a year ago when it hit $1bn.
SpaceX’s results are out, and the headlines are compelling: a 92% increase in revenue in Q2 compared to a year earlier. Revenues were $7.81bn, beating estimates of $6.93bn. The company posted a net loss of $541mn for Q2, which is nearly half the loss from a year ago when it hit $1bn.
Share
What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Angry
0
Sad
0
Wow
0
