
SpaceX Reports 92% Revenue Increase in First Earnings, Despite Share Decline
SpaceX's revenue jumped 92 percent in the second quarter, driven by AI computing deals and Starlink growth.
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Latest news and analysis on “Elon Musk”.

SpaceX's revenue jumped 92 percent in the second quarter, driven by AI computing deals and Starlink growth.

Elon Musk's social media app X has expanded its banking service, X Money, to all US subscribers of its paid Premium and Premium+ tiers, as part of his vision to create an 'everything app' akin to China's WeChat.

Tesla's shares fell after the company reported weaker-than-expected quarterly profits amid increased capital spending on ambitious projects.
SpaceX will release its first quarterly earnings report as a publicly traded company on August 4, as shares have fallen well below their initial public offering price.

The European Union has accepted Elon Musk's X social media platform's plan to correct digital content violations, following a 120-million-euro fine.

SpaceX's shares jumped 19% in their Nasdaq debut, valuing the company at over $2 trillion and making Elon Musk the world's first trillionaire.
Elon Musk is on the verge of becoming the world's first trillionaire, with his wealth potentially surpassing the GDP of many nations.

Elon Musk's wealth has reached unprecedented levels, making him the world's first trillionaire.

UK Prime Minister Keir Starmer warns Elon Musk against interfering in the country's internal politics.
