Skip to content
The Brownsville

SpaceX posts loss in first report as a public company but less than expected

SpaceX posts loss in first report as a public company but less than expected
Photo: ValleyCentral · view original

NEW YORK (AP) — SpaceX reported a smaller loss than Wall Street expected along with a surge in revenue in its first quarterly report as a public company as it sharply boosted spending, particularly on artificial intelligence. The company run by Elon Musk posted a loss of $541 million, or 9 cents...

Sources and story details