SpaceX First Post-IPO Quarter: Revenue Up 92% to $7.8 Billion, EBITDA Jumps 191%

SpaceX reported revenue of $7.8 billion in its first quarterly results since going public, up 92% year over year, while EBITDA reached $3.5 billion, up 191%.

Founder Elon Musk has set a target of US$1 trillion in annual revenue by 2030.

Following the earnings release, the company's shares declined more than 10% in pre-market trading.