Elon Musks SpaceX reports a profit and he hints at a possible merger with Tesla
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. Revenue soared to $14. 6 billion, up 161%. On a conference call with analysts, Musk suggested a merger with his electric car company be a...
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