✉news ScienceSpace first seen 14 h ago, last 44 min ago, peak #3
SpaceX revenue grows but company remains unprofitable in first earnings report
Original: SpaceX boosted revenue but isn't profitable, first-ever earnings report shows
SpaceX has released its first-ever earnings report, showing that revenue has increased but the company is still not profitable. The disclosure offers a rare look at the finances of Elon Musk's privately held rocket and satellite company, which has traditionally kept its numbers secret. Coverage so far focuses on the gap between growing sales and ongoing losses.
Why now: The first public earnings figures from a famously private company reveal new financial detail about SpaceX's profitability.
Evidence
- SpaceX boosted revenue but isn't profitable, first-ever earnings report shows · ABC News - Breaking News, Latest News and Videos
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