SpaceX’s $1T Goal and 3 More Shockers From Musk on the Earnings Call

SpaceX’s first quarterly earnings reported delivered—on financial metrics and excitement.

Nvidia Stock Is on the Rise, After Elon Musk Says SpaceX Will ‘Exclusively’ Buy Its Chips

Nvidia shares are getting a lift after some encouraging comments from SpaceX and Tesla CEO Elon Musk. Musk said in SpaceX’s ...

Elon Musk has blunt response to Mamdani's grocery discount plan

Elon Musk blasts New York City Mayor Zohran Mamdani's discount groceries plan. New York City Mayor Zohran Mamdani 's ...

No One Knows What the Hell Elon Musk’s AI Graph Means

Elon Musk posted a graph to X on Sunday that has left people scratching their heads. At first glance, it appears Musk is ...
Observer

Elon Musk Projects $1T in SpaceX Revenue After Spending $16B on A.I. in 3 Months

In its first earnings release as a public company, Elon Musk’s SpaceX reported $7.8 billion in quarterly revenue, while heavy spending on xAI infrastructure sent shares lower after hours.

Elon Musk’s SpaceX unnerves investors with lavish AI spending plans

SpaceX shares dropped on Wednesday after Elon Musk’s plans for blockbuster spending to position his AI and rocket company as ...

Elon Musk’s SpaceX aims to shake off AI spending fears, stock slump in first-ever earnings report

Elon Musk’s SpaceX will report earnings for the first time since going public on Tuesday in an early test of whether the firm ...

Elon Musk delivers ‘totally nuts’ plan for moon robots and $1 trillion revenue target, but capex tanks SpaceX on debut earnings

The rocket-and-AI company posted stronger than expected revenue, but investors choked on the rapidly rising capital ...