CEO Elon Musk Says This Is the Most Underappreciated Part of SpaceX's Business
Musk recently addressed Wall Street analysts on SpaceX's second-quarter earnings call.
Overview
Space Exploration Technologies' (NASDAQ: SPCX) second-quarter earnings have come and gone, sparking much intrigue among investors.
SpaceX posted strong revenue growth and a narrowing of its operating loss compared with past quarters. However, huge capital expenditures of roughly $18.4 billion in the quarter drove the stock down during the day following earnings.
Details
Still, much of the interest beyond the numbers came from SpaceX's earnings call, where Wall Street analysts sought further insights into the company's future from CEO Elon Musk and the rest of the senior management team. Among other tidbits, Musk said this could be the most underappreciated part of SpaceX's business.
Source
Originally published at www.fool.com.