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Investing.com -- SpaceX will see payments from US government agencies drop to less than 10% of its total revenue this quarter, Elon Musk said on Friday, marking a continued decline in what was once the rocket company's primary source of income. Still guessing which stocks will beat the market? Our AI portfolio updates monthly and is outperforming the S&P 500 by 118%. See this month's list » The figure represents a decrease from 16.6% in the previous quarter, Musk stated in a post on his X social media platform. He projected government revenue would fall further to under 5% within a year. "SpaceX contracts with the government are BOTH the best product AND the lowest price!
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