A post by @DeItaone on X.
$SPCX - *MUSK SEES SPACEX 4Q REVENUE UP ~70% Q/Q, $2B ABOVE WALL ST ESTIMATES
@DeItaone on X
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Elon Musk said SpaceX's fourth-quarter revenue rose roughly 70% quarter-over-quarter, coming in about $2 billion above Wall Street estimates. The guidance, posted via the @DeItaone account tracking $SPCX, marks a sharp acceleration for the rocket and satellite-broadband company. The beat matters because SpaceX's Starlink business is increasingly viewed as the growth engine for the privately held, though ticker-tagged, issuer. Investors will watch whether the implied quarterly top-line figure is sustained into 2025 and whether the outperformance carries through to Starlink subscriber and launch cadence disclosures.
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Named in this story
SpaceX (SPCX), Elon Musk, Wall Street
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