Elon Musk’s rocket company also said its revenue had more than doubled, driven by its Starlink internet satellite service and artificial intelligence products.
Category: Private Spaceflight
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SpaceX Swings to a Profit, Even as A.I. Spending Soars
The New York Times – Business: -
SpaceX Swings to a Profit, Even as A.I. Spending Soars
The New York Times – Business:Elon Musk’s rocket company also said its revenue had more than doubled, driven by its Starlink internet satellite service and artificial intelligence products.
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A Four-Ton SpaceX Rocket Stage Hit the Moon, but No One Saw It
The New York Times – On the Runway:Although amateur and professional astronomers pointed their telescopes at the impact site, there were no obvious signs of a collision — at least not yet.
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SpaceX’s Spending on A.I. Soars, In First Results After I.P.O.
The New York Times – Business:Elon Musk’s rocket company said its capital expenditures jumped nearly seven times from a year ago. Revenue also rose.
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A SpaceX Rocket Will Soon Crash Into the Moon
The New York Times – Business:The second stage of a Falcon 9 rocket, which sent two private landers to the moon last year, will collide with the moon early Wednesday morning.
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SpaceX’s Stock Lockup Is Expiring. Prepare for a Bumpy Ride.
The New York Times – Business:On Thursday, employees and other insiders at Elon Musk’s rocket company will be released from their first stock “lockup” and can start selling some of their shares.
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Jeff Bezos’s Blue Origin Nears a Big Fund-Raising Round
The New York Times – Business:The rocket company founded by Jeff Bezos is set to take on external investors for the first time, at a $130 billion valuation.
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SpaceX’s Unconventional Corporate Arrangements Favor Elon Musk
The New York Times – Business:The ways it set up its board and Mr. Musk’s pay appear to benefit him at the expense of other shareholders, corporate governance experts said.
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Why So Many People Already Own Shares of Elon Musk’s SpaceX
The New York Times – Business:Even before the rocket company holds a major initial public offering, many people own stock in it through so-called special purpose vehicles.
