SpaceX reported second-quarter revenue of $7.81 billion, up 92% year over year and above Wall Street forecasts, in its first earnings report since going public. The Elon Musk-run company also disclosed sharply higher capital expenditures, driven in part by soaring AI spending.
NYTimes – Business Company posts $7.81bn in revenue, a jump of 92%, after share prices crashed following IPO debut For the first time since SpaceX went public, the world is getting a first-hand look into the trillion-dollar corporation’s financials. The Elon Musk -run business reported its second-quarter earnings on Tuesday, saying that its revenue jumped 92% since June. SpaceX beat Wall Street expectations, reporting $7.81bn in reven…
Company posts $7.81bn in revenue, a jump of 92%, after share prices crashed following IPO debut For the first time since SpaceX went public, the world is getting a first-hand look into the trillion-dollar corporation’s financials. The Elon Musk -run business reported its second-quarter earnings on Tuesday, saying that its revenue jumped 92% since June. SpaceX beat Wall Street expectations, reporting $7.81bn in reven…
NYTimes – Business Elon Musk’s rocket company said its capital expenditures jumped nearly seven times from a year ago. Revenue also rose.
Elon Musk's rocket, satellite and AI provider reported quarterly revenue of $7.8 billion, topping Wall Street forecasts.
NYTimes – US Jeanine John Taele, 38, was arrested at Donald Trump’s golf course in Rancho Palos Verdes, California, ahead of a presidential visit. Authorities said he appeared to monitor security preparations, took photos and videos, and was carrying ammunition and an unregistered short-barreled rifle. He faces firearms-related charges, and his motives are under investigation.
NYTimes – US Abdul El-Sayed, a progressive former public health official, won Michigan’s Democratic Senate primary, defeating Representative Haley Stevens. He will face Republican Mike Rogers in November’s general election. Top Democrats, including Chuck Schumer and Kirsten Gillibrand, moved to embrace El-Sayed after his victory.
NYTimes – US Celebrity blogger Perez Hilton was hospitalized after appearing to harm himself during a TikTok livestream on Tuesday. Law enforcement and emergency workers responded to his Miami home after viewers reported the incident. The livestream has since been removed.
