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The Piney Point

Elon Musk's SpaceX reports a profit and he hints at a possible merger with Tesla

Elon Musk's SpaceX reports a profit and he hints at a possible merger with Tesla
Photo: KPRC 2 / Click2Houston (NBC) · view original

SpaceX reported a bigger quarterly profit than expected Tuesday as its satellite communications and artificial intelligence businesses boomed. The company, run by Elon Musk, posted a profit for the three months through September of $4.4 billion, or 35 cents per share, reversing a year-ago loss an...

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