#SpaceX stock jumped Wednesday after the company reported surging revenue growth in its third quarter. ⠀ Elon Musk said on the earnings call that the company's annual recurring revenue could be between $500 billion and $1 trillion by the end of 2027. ⠀ Read more at the link in bio or the link on screen. #CNBC #elonmusk
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#SpaceX stock jumped Wednesday after the company reported surging revenue growth in its third quarter. ⠀ Elon Musk said on the earnings call that the company's annual recurring revenue could be between $500 billion and $1 trillion by the end of 2027. ⠀ Read more at the link in bio or the link on screen. #CNBC #elonmusk
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Elon Musk: SpaceX annual recurring revenue by end of 2027 could be $500 billion-$1 trillion
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SpaceX reports earnings after the close today. Wall Street expects about 13 billion in revenue after last quarter's 7.8 billion. Stock near 148 with a market cap close to 2 trillion. Company spent over 18 billion on capital projects last quarter, mostly AI gear. Watching whether growth keeps up with the spending. This is not financial advice. Markets are risky. Do your own research. #SPCX #SpaceX #Earnings #StockMarket
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