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CNBC

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

Friday, October 23, 2026


SpaceX recorded a 561 million dollar investment gain from its stake in Boring Company during the third quarter, according to regulatory filings. The gain contributed to SpaceX's net income for the period. Boring Company, also owned by Elon Musk, focuses on tunnel excavation and construction projects.

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