SpaceX’s Profitable Quarter Signals a New Era for the Private Space Industry

According to a report by the Wall Street Journal, the privately owned rocket company raked in a $55 million profit during the January-to-March period. That’s a big turnaround from the previous year when the company lost $968 million. The significant change in financial fortunes results from surging revenue, which has allowed the company to reduce … Continue reading SpaceX’s Profitable Quarter Signals a New Era for the Private Space Industry