SpaceX Stock Edges Higher Ahead of First Post-IPO Earnings

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Source: Yahoo Finance
SpaceX Stock Edges Higher Ahead of First Post-IPO Earnings
Photo: Yahoo Finance
TL;DR

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.

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