๐ SpaceX first earnings since $75B IPO: revenue up 92% to $7.8B but still in the red
SpaceX filed its debut quarterly report as a public company on August 4, posting $7.8B in Q2 revenue โ up 92% year-over-year and beating Wall Street's $6.9B estimate. The company says it's on pace for $100B in annualized revenue by year-end. But with a $541M quarterly loss and the stock 11% below its June IPO price, is the long-term bet paying off?