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Space Exploration Technologies (NASDAQ: SPCX), known as ******* eX, is ready to explore the cosmos. At least that's what CEO Elon Musk wants investors to understand.
"The mission is to make life multiplanetary, to extend consciousness beyond Earth and understand the universe," Musk explained in August. "For me, being a ******* efaring civilization is the most interesting thing we could possibly do for the future."
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Here's the catch: ******* eX won't be establishing a multiplanetary civilization anytime soon. Before it pursues those goals in earnest, it will need to execute on two key growth pillars that will grant ******* eX the funding and mandate to move beyond Earth and its immediate surroundings.
SpaceX's revenue nearly doubled year over year last quarter, surprising ******* ysts. The company, however, still posted a net loss of $541 million. The company's only segment to generate an operating profit was its Starlink satellite network.

#musk #flashing #multiplanetary
5 days ago

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