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Early trading in SpaceX stock has been wild. Coming into earnings, SpaceX stock was down 15% from its $135 IPO price and 43% from its record closing high of $201.80, reached on June 16. Recent short selling will only add to the SpaceX post-earnings volatility.
MoffettNathanson’s Julie Zhu called launch SpaceX’s “crown jewel” because its rocket capacity underpins Starlink and prospective orbital data centers.
SpaceX reports its inaugural quarterly numbers on Tuesday evening. A lot will be said about rocketry, AI, space, and even the future of human civilization. SpaceX is newly public and it just merged with Elon Musk’s AI company, xAI, in February.
SpaceX reports its first-ever quarterly earnings as a public company after the closing bell Tuesday, giving investors a detailed look at Elon Musk’s rocket, satellite and AI company after a rocky start to trading.
SpaceX is due to release its first earnings report as a public company after the close today. Here’s what to look for in its second-quarter performance: Starlink growth: SpaceX’s satellite internet product is the company’s cash cow.
Today Earnings (a.m.): Merck, Pfizer, McDonald's, Caterpillar, Spotify, Apollo, TPG, Marathon Petroleum, Archer-Daniels-Midland, DuPont, Kimberly-Clark Earnings (p.m.): SpaceX, Advanced Micro Devices, ...
Palantir Technologies Inc. (NASDAQ:PLTR) reported unrealized gains from its investment in Space Exploration Technologies Corp. (NASDAQ:SPCX), boosting its second-quarter earnings, making it the latest major technology company to benefit from the Elon Musk-led company’s blockbuster public debut. SpaceX Stake Added to Quarterly Earnings During the company’s second-quarter earnings call on Monday, CFO David Glazer said unrealized gains from the company’s SpaceX investment contributed $0.03 to GAAP
Elon Musk’s net worth continued to plunge this week as shares of his two flagship companies, Tesla and SpaceX, retreated amid swirling merger speculation, with traders also positioning ahead of SpaceX’s upcoming earnings report. Elon Musk Net Worth is Down...
Snap (NYSE:SNAP) reported second-quarter revenue growth of 19% as the company cited improving advertising performance, rapid expansion in subscription-related revenue and increased cash generation. The company also said it is shifting its primary financial objective toward free cash flow per share w
Investors in Elon Musk's space company get a chance to question him Tuesday after SpaceX issues its first quarterly earnings since going public. SpaceX shares are down by half from their June peak as investors worry Musk may have oversold them on its future prospects. Part visionary engineer, part stock salesman, Musk is likely to be asked about when he expects to finish testing SpaceX's giant Starship rockets that NASA hopes to use to put men on the moon again, his plans for its satellite network and the prospects of putting football-field sized datacenters in orbit.
Dow Jones Futures: Trump's Iran comments sparked a big stock market rally Monday. Palantir soared on earnings, while SpaceX earnings are due.
Moffettnathanson Research Analyst Julie Zhu says SpaceX almost has an "identity crisis." Elon Musk's company is set to report its first-ever quarterly earnings results on Tuesday after going public this summer. Zhu talks about what the team is looking for on "Bloomberg The Close."
Results land on Tuesday, with the first insider lock-up expiring on Thursday and the shares below their float price SpaceX Corp (NASDAQ:SPCX) will publish its first set of results as a listed company after the closing bell in New York on Tuesday, two days before the first tranche of insider...
SpaceX has shed more than $500 billion in market value since its June listing.
SpaceX is slated to report quarterly results for the first time as a public company on Tuesday, with growth expected to be driven by surging AI revenue from lucrative new deals to sublet unused data center capacity to competitors.
Elon Musk backed a bullish outlook for SpaceX (Nasdaq: SPCX) on Aug. 3, replying "I think so" to investor Gali Filche's post predicting that buying the aerospace company's stock at current levels would look like "an insane opportunity in retrospect." The endorsement comes one day before SpaceX is ...
The Ark Invest founder is betting big on SpaceX.
SpaceX is due to release its first earnings report as a public company Tuesday. Here’s what to look for in the company’s second-quarter performance: Starlink growth: SpaceX’s satellite internet product is the company’s cash cow.
Suze Orman walked through a real SpaceX IPO trade that turned $10,000 into roughly $5,600 in seven weeks, and her lesson has nothing to do with rockets or Elon Musk.
Wall Street is assessing whether Starlink's profits can finance SpaceX's rapidly expanding artificial-intelligence and space investments.
A crowded trade now faces two immediate pressure points
SpaceX will release its first earnings report as a public company on Tuesday in a key test for the company's stuttering stock price.
Echostar (NASDAQ:ECHO) said its Hughes business filed for Chapter 11 bankruptcy protection after the unit’s $1.5 billion bond maturity came due on Aug. 1 and discussions with bondholders did not produce what the company called a workable solution. Chairman Charlie Ergen said the bankruptcy filing i
SpaceX is about to face Wall Street for the first time since its record-shattering $85.7 billion IPO.
SpaceX nears deal for a new spaceport in Louisiana. Elon Musk seeks AI engineers. Defunct Falcon 9 stage to crash into moon. SPCX stock rises ahead of earnings.
Space Exploration Technologies or SpaceX's (SPCX) current valuation appears attractive after shares
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