SpaceX Stock Edges Higher Ahead of First Post-IPO Earnings
TL;DR Summary
SpaceX's SPCX rose 2.3% in regular trading ahead of its first post-IPO earnings as investors weigh Starlink profitability and Elon Musk's AI spending against the IPO's lofty valuation; analysts expect Q2 Starlink revenue of about $3.82B and total revenue near $6.93B with a roughly $1.55B pretax loss, while capital expenditure and AI investments dominate, and the Aug. 6 post-IPO lockup expiration could increase share supply.
- SpaceX Stock Rises 2.3% Before First Post-IPO Earnings Yahoo Finance
- SpaceX's first-ever earnings report comes as stock hits new all-time low: Q2 preview Yahoo Finance
- SpaceX's post-IPO plunge sets tense backdrop for first earnings report CNBC
- SpaceX’s Stock Lockup Is Expiring. Prepare for a Bumpy Ride. The New York Times
- SpaceX set to release its first earnings report as a public company. Here's what to look for. CBS News
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