SpaceX nearly doubled its revenue year-over-year, driven by the success of its Starlink satellite internet service and the multiplication of Falcon 9 rocket launches. Despite this operational growth, the SPCX stock lost 50 % of its value in one month, before rebounding 9 % at the close following the results publication. Markets remain cautious due to the company’s high valuation and the massive investments required for the Starship program, whose schedule depends on regulatory approvals and upcoming tests. Investors are now waiting for evidence that SpaceX can turn its strong growth into sustainable profitability.
Source: Read the original article
