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The Nexus
BUSINESSAug 4 · 21:00 UTCQUARTZAnthony Lopopolo

SpaceX's revenue surged 92% — but the stock fell after its first earnings report

SpaceX's revenue increased by 92% to $7.8 billion, exceeding estimates, but the company's stock declined due to $18.4 billion in capital expenditures that concerned investors.

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