Space Exploration Technologies Corp. Class A (SPCX)
SpaceX Stock Down 11% On $18.4 Billion Capex Forecast
SpaceX stock fell 11% in pre-market trading on Wednesday despite beating revenue and loss expectations in the company's first quarterly report as a public company, according to CNBC. Since peaking on June 16, the stock has lost 49% of its value.
Analysts update SpaceX stock price target after earnings
A section of Wall Street analysts have updated their outlook on SpaceX (NASDAQ: SPCX) after the company reported stronger-than-expected second-quarter 2026 results.
SpaceX's science fiction dreams come with an astronomical bill
Elon Musk's cosmic ambitions come with an astronomical bill, and it's making Wall Street nervous. SpaceX shares fell as much as 11% in after-hours trading, despite the company delivering a revenue beat.
SpaceX stock plunges 10% overnight; Here's why
SpaceX (NASDAQ: SPCX) stock plummeted 9.92% in overnight trading from its latest closing price of $125.33 to $112.90 following what, on the surface level, appears to be a triumphant first-ever quarterly earnings report.
SpaceX stock's first earnings expose a liability hiding behind Starlink growth
SpaceX stock (NASDAQ: SPCX) reversed a 9.4% regular-session gain and fell 7.8% after hours on Tuesday, even after the rocket company delivered revenue above Wall Street forecasts in its first earnings report as a listed business. Second-quarter sales nearly doubled to $7.8 billion, beating expectations near $6.8 billion, while the connectivity division led by Starlink generated $4.3 billion.
SpaceX dives over 8% after AI spending surge rattles investors
SpaceX shares fell on Wednesday after the company's jump in spending rattled investors. Space X said its capital expenditures jumped sixfold to $18.4 billion in the second quarter.
SpaceX's earnings beat runs into a $116bn problem
SpaceX Corp (NASDAQ:SPCX) did almost everything investors had asked of it in its first quarterly report as a public company, and the shares fell anyway....
SpaceX's earnings beat runs into a $116bn problem
SpaceX Corp (NASDAQ:SPCX) did almost everything investors had asked of it in its first quarterly report as a public company, and the shares fell anyway. Revenue of $7.8 billion for the April to June quarter came in ahead of the $6.81 billion analysts had pencilled in, and adjusted earnings before interest, tax, depreciation and amortisation of $3.5 billion beat a $2 billion consensus.
SpaceX Q2 Earnings Call Highlights
SpaceX NASDAQ: SPCX reported second-quarter 2026 revenue of $7.8 billion, up 92% from a year earlier, while its quarterly net loss narrowed by $467 million to $541 million. Adjusted EBITDA rose 191% year over year to $3.5 billion, according to the company's earnings call.
Space Exploration Technologies Corp. (SPCX) Q2 2026 Earnings Call Transcript
Space Exploration Technologies Corp. (SPCX) Q2 2026 Earnings Call Transcript
SpaceX Says Spending Spree Is Supercharging AI Revenues
The Elon Musk-led rocket company spent $15.8 billion on AI projects in the second quarter and doesn't plan to slow down.
SpaceX (SPCX) Reports Q2 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for SpaceX (SPCX) give a sense of how its business performed in the quarter ended June 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
