SpaceX revenue jumps 92% as Starlink eyes Apple’s territory

SpaceX has posted a 92% surge in revenue in its first earnings report as a publicly traded company, but investors are also watching the company's volatile stock performance and ambitious plans for growth.

CGTN's Sean Callebs spoke with Ben Narasin, General Partner at Tenacity Venture Capital, about what the numbers signal for SpaceX's trajectory in the years ahead. From Starlink connectivity on phones and airplanes to the possibility of challenging Apple's technology ecosystem, Narasin explains why SpaceX may be entering a much larger phase of expansion.

The conversation also examines SpaceX's reusable rockets, future space-based data centers and what investors should expect as more shares enter the market.

00:00 SpaceX earnings beat Wall Street expectations 01:22 Why SpaceX stock is falling after strong earnings 02:53 Could Starlink become a competitor to Apple? 03:48 Starship, reusable rockets and Mars 04:08 Could SpaceX build AI data centers in space? 05:33 SpaceX stock lockup and investor volatility 07:12 Is SpaceX stock a long-term buying opportunity?

#bizshow #SpaceX #Starlink #ElonMusk #Apple #SpaceXStock #IPO #Tech #SatelliteInternet  

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