SpaceX Posts Record Revenue After Historic IPO, Starlink and AI Businesses Fuel Massive Growth Despite Heavy Investments
SpaceX has reported its first quarterly earnings since becoming a publicly traded company, delivering one of the strongest financial performances in the global aerospace industry. The Elon Musk-led company announced that its revenue surged 92% year-over-year to $7.8 billion during the April–June quarter, driven primarily by explosive growth in its Starlink satellite internet network and…