SpaceX Crushes Wall Street Estimates With First Quarterly Profit

SpaceX blew past all Wall Street expectations in its second earnings report as a public company. Elon Musk's company posted its first quarterly profit of $4.4 billion, or 35 cents a share, more than double estimates, while spending nearly $20 billion on capital expenditures. Ross Gerber of Gerber Kawasaki Wealth and Investment Management, a SpaceX shareholder, joins the program to react to the results. Gerber says SpaceX should just buy Tesla now, offering a provocative take on what the company should do with its momentum. The segment breaks down the headline numbers behind SpaceX's milestone quarter and what the results mean for investors in Musk's companies.