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المشهد العربي
SpaceX stock exceeds IPO level
Shares of SpaceX rose after strong financial results, as it posted revenues of $7.81 billion in the second quarter, exceeding analyst expectations of $6.93 billion. This was supported by investor optimism about the company's growth prospects in both space and artificial intelligence. The CFO also confirmed that the company aims to achieve recurring annual revenues of $100 billion by the end of the year, a goal that is widely considered very achievable. The stock price reached $135.29, surpassing the initial public offering price of $135, and increased by 1.64%.
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