ECONOMY

SpaceX exceeds expectations with $7,81 billion in revenue in the second quarter

SpaceX exceeds expectations with $7,81 billion in revenue in the second quarter
SpaceX exceeds expectations with $7,81 billion in revenue in the second quarter

For the first time since its IPO, SpaceX has released its financial results. Elon Musk's company posted a 92% year-over-year revenue increase, surpassing Wall Street analysts' forecasts.

The figures had been eagerly awaited since SpaceX's IPO. The company, led by Elon Musk, released its second-quarter results on Tuesday, revealing for the first time to the general public the accounts of this company valued at several trillion dollars.

SpaceX recorded $7,81 billion in revenue for the period, exceeding analysts' expectations of $6,93 billion. This represents a 92% increase compared to June of the previous year, a surge that far surpasses market projections.

The company nevertheless posted a net loss of $541 million. These results come in a particular context: SpaceX's stock price had fallen after its IPO, making this first earnings release all the more closely scrutinized by investors.

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