SpaceX's results beat analyst estimates but the firm is yet to turn a profit. Meanwhile, the Australian share market is set for another day of gains. Follow live.

The US stock market jumped to records as companies kept piling up profits and oil prices eased, while SpaceX released its first set of earnings since listing.

The US stock market jumped to records as companies kept piling up profits and oil prices eased, while SpaceX released its first set of earnings since listing.

SpaceX's debut earnings report showed rapid growth, but investors remain uneasy about the cost of its AI ambitions.