Musk’s SpaceX Tops Forecasts But Bitcoin Stash Sheds $540 Million

NewsWed, 05 Aug 2026 09:30:55 UTC1 hour ago
Musk’s SpaceX Tops Forecasts But Bitcoin Stash Sheds $540 Million
Elon Musk’s SpaceX beat Wall Street revenue estimates in its first earnings report since June’s initial public offering (IPO), but the value of its 18,712 BTC treasury dropped $540 million in six months. Revenue Beats, Losses Narrow SpaceX delivered its first earnings report as a public company on Tuesday, and the headline numbers cleared Wall […]
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