ELON MUSK - LED SPACEX REVENUE SOARS 161 %

What happened: SpaceX reported revenue growth of 161% for the three months ending in September compared with the same period a year earlier, according to an earnings release issued on Tuesday. Key numbers: Revenue up 161% year over year. Overall profit of $4.40 billion, versus a $1.05 billion loss a year earlier. Why it matters: The quarter marked a turn into profitability after a loss in the prior quarter, with growth attributed largely to AI businesses and Starlink. It was the company's second quarterly financial disclosure since going public in June. Coverage: 11 outlets in 24h

SpaceX revenue surge of 161% under Musk signals strong corporate growth catalyst.

SpaceX revenue surge of 161% under Musk signals strong corporate growth catalyst. — impact context not separately stored; see What changed.