SpaceX jumped in premarket trading on Wednesday after the company reported surging revenue growth in its third quarter, and owner Elon Musk floated a potential SpaceX- Tesla merger. The space company, which made its debut on the Nasdaq in the biggest IPO ever in June, reported third-quarter revenue on Tuesday of $14.6 billion, up 161% from the previous year, and beating LSEG consensus estimates of $12.72 billion. Meanwhile, its operating income from operations came in at $2.8 billion, with net income of $4.4 billion, after reporting a net loss of $1.05 billion in the same period a year earlier.
We show the main point publicly. Create a free account to continue reading the full article, save it, discuss it, and connect it with market and OSINT context.