US stocks: SpaceX quarterly revenue surges in debut results on strong growth in its Starlink business
SpaceX reported on Tuesday a 92% rise in revenue for the April-June quarter, in its first earnings since going public, buoyed by strong growth in its Starlink satellite-internet and AI businesses. It reported revenue of $7.8 billion, compared with $4.1 billion a year earlier. Second-quarter revenue beat expectations of $6.93 billion, according to LSEG data….