SpaceX: Q2 Earnings Snapshot

STARBASE, Texas (AP) — STARBASE, Texas (AP) — SpaceX (SPCX) on Tuesday reported a loss of $541 million in its second quarter.

On a per-share basis, the Starbase, Texas-based company said it had a loss of 9 cents.

The results topped Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for a loss of 26 cents per share.

The Elon Musk's spaceflight and satellite communications company posted revenue of $7.81 billion in the period, also surpassing Street forecasts. Ten analysts surveyed by Zacks expected $6.72 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SPCX at https://www.zacks.com/ap/SPCX