SpaceX has delivered its first ever quarterly business report, which showed revenue nearly doubled but its spending skyrocketed. The company, run by Elon Musk, builds space rockets and Starlink internet satellites and owns the social media platform X. It began trading on the US stock market in June. SpaceX said its revenue had grown 92% to $7.8bn £5.8bn compared with a year ago, but its spending was up more than 550% to $18.3bn, on top of a net loss of $2bn during the first six months of the...
