SpaceX, the private rocket company led by Elon Musk, has posted its Q1 2023 financial results, providing a rare glimpse into the company’s financial health. The Wall Street Journal reported that SpaceX recorded a profit of $55 million on $1.5 billion in revenue. This marks a significant turnaround for the company, which has been narrowing its losses over the past two years. The news had a significant impact on the cryptocurrency market, as it was revealed that SpaceX had sold its bitcoin holdings.
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