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Finance / Space Space

SpaceX records $561 million investment gain from stake in Elon Musk's Boring Co.

Source: cnbc October 22, 2026 · 17:46
SpaceX records $561 million investment gain from stake in Elon Musk's Boring Co.
Photo by iCliff Agendia · Pexels
From the publisher
SpaceX's stake in Boring Co. helped boost its net income in the third quarter.
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CNBC

The Consumer News and Business Channel (CNBC) is an American business news channel owned by Versant. The network broadcasts live business news and analysis programming during the morning, daytime business day, and early-evening hours, with the remaining hours filled by business-related documentaries and reality television programming, as well as occasional sports presentations from USA Sports. CNBC operates an accompanying financial news website, CNBC.com, which includes news articles, video and…

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