SpaceX Earnings Test and Lockup Could Reshape Its Public Float

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Source: 24/7 Wall St.
SpaceX Earnings Test and Lockup Could Reshape Its Public Float
Photo: 24/7 Wall St.
TL;DR Summary

SpaceX (SPCX) will report its first quarterly results as a public company this week, while 911 million insider shares become eligible to sell, potentially tripling the public float; markets price roughly a 70% chance of missing earnings, with Starlink’s growth, cloud partnerships and government deals seen as crucial offsets to cash burn from Starship and xAI, and Rocket Lab acting as a proxied read on the space sector.

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