1 min readBy Samuel Nwite
SpaceX Books $561m Gain From Boring Co. Stake as Musk’s Business Empire Deepens Cross-Investments
By Samuel NwiteNigeria
SpaceX recorded a $561 million investment gain from its stake in Elon Musk’s tunneling company, The Boring Co., during the third quarter, underpinning the growing financial links between businesses controlled by the billionaire entrepreneur. The gain accounted for more than half of SpaceX’s “other income” during the period and helped lift its net income to […]
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About this article
- Length
- 77 words · 1 min read
- Published
- October 24, 2026
- Byline
- Samuel Nwite
- Source
- Tekedia