CNBC World

SpaceX dives 10% after AI spending surge rattles investors

CEO Elon Musk said SpaceX would hit $1 trillion in annual revenue in 2030 versus a previous forecast of 2031 as he looked to strike an bullish tone.

This is a short WorldPing brief. The full report was published by CNBC World.

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SpaceX beats revenue expectations in first earnings report after IPO crashWorldPing
The Guardian

SpaceX beats revenue expectations in first earnings report after IPO crash

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.

Brief by WorldPing · Original reporting by The Guardian