EconomyGerber Says SpaceX Remains a Compelling Investment

SpaceX reported second-quarter revenue of $7.8 billion, exceeding Wall Street expectations. The company associated with Elon Musk also posted a $1.26 billion operating loss from its artificial-intelligence business. Ross Gerber of Gerber Kawasaki Wealth and Investment Management said SpaceX remains a compelling stock to own. He made the remarks on Bloomberg Television’s “The Close.”