Elon Musk Teases Tesla Merger and $1 Trillion Milestone for SpaceX
Elon Musk said SpaceX could reach a $500 billion to $1 trillion annual recurring revenue (ARR) run rate by 2027. He made the remarks during the company’s third-quarter webcast. He also called a possible Tesla merger a good idea. Here is what the numbers and comments mean. Musk’s Response to Surprise Q3 Earnings Annual recurring The post Elon Musk Teases Tesla Merger and $1 Trillion Milestone for SpaceX appeared first on BeInCrypto.
Read Full Article on BeInCryptoSummary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Web3
Bitcoin ETFs attract $1.08 billion in 3 days but it may not be enough for a steep rally
Past steep rallies ran on about $235 million a day of net inflows into ETFs. The funds are yet to match that pace, according to data analyzed by CoinDesk.
Meta Found a Way to Raise Money Without Handing Out More Votes
Meta Platforms will give shareholders one non-voting Class C share for every share they own. The new class gives Meta stock it can sell to raise money without diluting voting power. The plan arrived with third-quarter results showing free cash flow of…
XRP Ledger bug fix moved to November after validator support dipped for two hours
The fix lost its two-week countdown less than two days from the finish after support slipped to 26 of 35 validators. It’s now back at 31.