GoKawiilSpaceX books $561 million gain from Boring Co. stake in Q3 filing
SpaceX disclosed in a quarterly SEC filing that its ownership stake in Elon Musk's Boring Co. generated a $561 million investment gain in the third quarter, making up more than half of SpaceX's other income for the period. The gain helped push SpaceX's net income to just over $4 billion. The filing also showed SpaceX spent $151 million on Tesla Megapack energy storage systems during the quarter.