Musk’s SpaceX Earnings Rocket Higher as Bitcoin Stash Holds Firm
SpaceX delivered a blockbuster third quarter, generating $14.6 billion in revenue, $4.4 billion in net income, and $8.8 billion in adjusted EBITDA. Behind those extraordinary earnings, Elon Musk’s company reported $1.573 billion in digital assets, consistent with its previously disclosed bitcoin holdings of 18,712 BTC. Artificial intelligence (AI) now leads the company’s revenue machine, while […]
SpaceX reported a blockbuster third quarter with $14.6 billion in revenue, $4.4 billion in net income, and $8.8 billion in adjusted EBITDA. Its digital assets were valued at $1.573 billion, consistent with its previously disclosed holding of 18,712 BTC, which remains unchanged. The disclosure confirms a major corporate bitcoin holder is staying put, a mildly supportive signal for BTC sentiment, but the earnings story itself is not a crypto market catalyst.
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1H AGOYou’re reading thisMusk’s SpaceX Earnings Rocket Higher as Bitcoin Stash Holds FirmBitcoin.com News · Score 25
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3H AGOBeInCrypto · Score 15 · via SpaceX, Earnings
