BBC News·2 min read·medium
SpaceX's first-ever earnings show higher revenues and huge spending - BBC
✦AI Summary
SpaceX's latest earnings report shows a significant increase in revenue alongside a massive surge in spending. The company's costs have ballooned to six times their previous levels, largely due to ongoing development projects.
While the firm's quarterly revenue had nearly doubled to $7.8bn (£5.8bn) from a year earlier, its spending ballooned to $18.3bn, more than six times what it was a year ago, the bulk of which was for …
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