SpaceX Shares Jump 9.5% After Reporting $4.4 Billion Quarterly Profit
SpaceX reported third-quarter net income of $4.4 billion on revenue of $14.6 billion, up 161% year over year. Its shares rose 9.5% to $161.82 at 9:35 a.m. ET.
Space-and-AI operator SpaceX (NASDAQ:SPCX) posted third-quarter net income of $4.4 billion and revenue of $14.6 billion. Revenue rose 161% from a year earlier. Its shares gained 9.5% to $161.82 at 9:35 a.m. ET.
The figures point to substantial growth, while leaving open how much cash the sprawling business generates.