SpaceX (NASDAQ: SPCX), Elon Musks aerospace and satellite technology company, reported stronger-than-expected second-quarter earnings on Tuesday, delivering revenue growth that exceeded Wall Street forecasts despite continuing to post a quarterly loss. The company generated $7.8 billion in Q2 revenue, surpassing analysts expectations of $6.9 billion, driven by solid performance across its launch services, Starlink satellite internet business, and artificial intelligence initiatives. SpaceX also significantly reduced its net loss to $541 million, compared with a $1.0 billion loss during the… Read more
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