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via finance.yahoo.comBusiness & Companies

SpaceX Q3 revenue beats expectations

FROM THE WIRE · FINANCE.YAHOO.COM

SpaceX (SPCX) reported third quarter results on Tuesday after the closing bell. Connectivity revenue came in at $5.25 billion (compared to analyst estimates of $4.9 billion), while net income came in at $4.4 billion, far exceeding estimates of $1.9 billion. Capex spending was…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishQuarterly results above estimates can support the SpaceX stock and market interest.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Connectivity revenue came in at $5.25 billion versus analyst estimates of $4.9 billion.
  2. 02Net income was $4.4 billion, far exceeding estimates of $1.9 billion.
  3. 03Capex spending was mostly in line with estimates.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Space Exploration Technologies Corp.SPCXStock147.79 USDMarket closedtoday -0.11%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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