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The Economic Times
The Economic Times
Business

US stocks: SpaceX quarterly revenue surges in debut results on strong growth in its Starlink business

SpaceX Starlink Elon Musk

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.

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