2 publishers · first seen Wed, 04 Nov 2026 20:51 UTC · updated Sat, 07 Nov 2026 00:41 UTC
Elon Musk announced that government contracts will account for less than 10% of SpaceX's revenue this quarter, down from 16.6%. Musk stated that this share will further decrease to 5% in the next year. Despite this, SpaceX maintains a NASA contract for lunar missions. The Democrats' recent victory in the midterm elections has raised concerns among investors about potential scrutiny of Musk's companies.
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