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Vol. I · No. 24 Texas Edition
Friday, Oct 23
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Elon Musk's SpaceX reports a profit and he hints at a possible merger with Tesla

By BERNARD CONDON, Associated Press 0 views 0 comments
Elon Musk's SpaceX reports a profit and he hints at a possible merger with Tesla
Image: ValleyCentral (Rio Grande Valley)

NEW YORK (AP) — SpaceX reported a bigger quarterly profit than expected Tuesday as its satellite communications and artificial intelligence businesses boomed. The company, run by Elon Musk, posted a profit for the three months through September of $4.4 billion, or 35 cents per share, reversing a year-ago loss and easily topping Wall Street's expectations. [...]

ValleyCentral (Rio Grande Valley) Original story · www.valleycentral.com
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