- Net loss of $78.7 million, or a loss of $3.92 per diluted share, which included a one-time non-cash expense for goodwill impairment of $64.3 million, the change in fair value for the contingent value rights earnout of $17.3 million and a one-time expense of $7.5 million related to the closing of the Agrico business combination and Nasdaq listing.
‘Sure Seems That Way:’ Elon Musk Agrees Team Biden Is Targeting Him Through ‘Regulatory Harassment’
The Journal's editorial board suggests the Biden administration might be engaging in regulatory harassment due to Musk's controversial social media activity and criticism of the president.