The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.SpaceX’s revenue exceeded Wall Street’s expectations in the company’s first quarterly financial report following its blockbuster initial public offering in June.Elon Musk’s satellite, space and artificial intelligence conglomerate reported revenue of $7.8 billion on Tuesday, greater than than the $6.81 billion analysts polled by Bloomberg estimated on average.It also unveiled an operating loss of $1.26 billion from its AI business, better than the consensus for a loss of $2.39 billion. SpaceX’s eagerly awaited quarterly results cap a roller coaster ride since the company raised $86 billion in the largest stock-market debut of all time. Its shares have since plunged in a bout of post-IPO volatility and a broader AI selloff, erasing more than $1 trillion in market value from their peak along with Musk’s status as the world’s first trillionaire.On this episode, Carol Massar and Tim Stenovec speak with: Mandeep Singh, BI Global Head of Technology Research and Ed Ludlow, host of Bloomberg Tech Kate Gulliver, CFO, Wayfair Richard Bourke, Bloomberg Intelligence Senior Analyst, Metals & Mining on Copper Tops $14,000 as US Stockpiles Swell Before Tariff Call See omnystudio.com/listener for privacy information.

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