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Crypto Accounting

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Crypto Treasury & Markets4 min read

SpaceX's First Earnings as a Public Company: Growth Masked by a Bitcoin Markdown

SpaceX beat Wall Street on revenue and nearly tripled adjusted EBITDA in its debut post-IPO quarter — then posted a $541 million net loss anyway, largely because bitcoin sitting on its balance sheet lost value.

  • spacex
  • bitcoin
  • corporate-treasury
  • crypto-accounting
  • ipo
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