SpaceX Crypto Holdings Drop $539 Million as Debut Earnings Beat Wall Street

SpaceX beat Wall Street estimates in its first quarterly report as a public company. Revenue reached $7.8 billion against forecasts near $6.81 billion, while digital asset holdings fell to $1.098 billion. The beat did not hold investor confidence. Shares closed 9.43% higher at $125.33, then dropped more than 8% in after-hours trading as the earnings