Is SpaceX Stock a Buy After Its First Earnings Report?
SpaceX just revealed its main financial engine -- and it's not rockets.
Overview
For years, investors could only guess how much money Space Exploration Technologies (NASDAQ: SPCX) was making. Now, they finally have an answer.
SpaceX has reported its first quarterly results as a public company, giving investors an unprecedented look at the financial performance of one of the world's most ambitious businesses.
Details
And the numbers are hard to ignore. Revenue nearly doubled from a year earlier. Starlink continued to add customers at a remarkable pace. The company is already generating billions of dollars from businesses beyond rocket launches.
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.