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Company posts $7.81bn in revenue, a jump of 92%, after share prices crashed following IPO debutFor the first time since SpaceX went public, the world is getting a first-hand look into the trillion-dollar corporation’s financials. The Elon Musk-run business reported its second-quarter earnings on Tuesday, saying that its revenue jumped 92% since June.SpaceX beat Wall Street expectations, reporting $7.81bn in revenue, versus analysts’ predictions of $6.93bn. While expansive, the company

Country risks new tariffs from US and EU as it looks likely to match or beat last year’s record surplus of $1tnBusiness live – latest updatesChina’s monthly car ‌exports topped 1m for the first time in June as overall overseas shipments from the world’s second biggest economy rose 27%.Official Chinese customs data showed that a stronger-than-expected trade performance kept China on track to match or beat last year’s record trade surplus of $1tn (£748bn), achieved despite Donald Trump’s

Child who ate smuggled-in homemade sandwich kicks off latest skirmish over private resortsAs lunchtime approaches at Il Tirreno, a private beach club in Montalto di Castro on the Lazio coast, Beatrice Bordo, sitting in the shade of a blue umbrella, unwraps a slice of pizza.A pranzo al sacco, or packed lunch, has become the latest skirmish in Italy’s long-running beach disputes after a woman was confronted over the clandestine consumption of a homemade sandwich at a private establishmen