Markets

SpaceX records $561 million investment gain from stake in Elon Musk’s Boring Co.

Summary

SpaceX reported an investment gain from its equity stake in Boring Co. during the third quarter. This financial boost contributed positively to the overall net income of Elon Musk's aerospace company for the period.

SpaceX's stake in Boring Co. helped boost its net income in the third quarter.

Source: Read the full story at US Top News and Analysis

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