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SpaceX's second-quarter revenue jumps 92% year-on-year
SpaceX reported its first financial results after its shares began trading on Nasdaq, with second-quarter revenue reaching $7.81 billion. The company also posted a net loss of $541 million for the same period.
The US-based space and communications technology company SpaceX announced its first financial results following its public offering. The company's second-quarter revenue reached $7.81 billion, a 92% increase compared to the same period last year.
According to the financial results released by SpaceX, the company posted a net loss of $541 million in the same quarter. Its capital expenditures totaled $18.37 billion.
The company's revenue from its artificial intelligence segment remained at $2.56 billion. SpaceX shares began trading on the Nasdaq stock exchange under the ticker SPCX on June 12.
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