Tuesday, 16 June, 2026
X Marks the Spot for SpaceX Financials
By TechShots Studio
In a major departure from corporate norms, SpaceX announced it will bypass traditional wire services like Business Wire or PR Newswire to release its quarterly and annual financial results. Instead, the company will disclose financial data and material news exclusively through its own website and Elon Musk’s social media platform, X. The announcement follows SpaceX's record-breaking $85.7 billion IPO, driving its stock up nearly 19% on Monday.
Read full story at CIO ECONOMIC TIMES