Inside SpaceX’s first earnings call: 92% revenue jump, spending up 550%, and Musk’s $1 trillion goals
As SpaceX unveiled its first-ever quarterly earnings report since its historic IPO, founder and CEO Elon Musk ambitiously proclaimed that the rocket maker’s expectation of hitting $1 trillion in annual revenue could be reached by 2030 or even earlier.
The tech leader’s company, which began trading on the US stock market in June and briefly turned him into the world’s first trillionaire, posted 92% revenue growth to $7.8 billion compared to $4.1 billion a year ago.
