Space Exploration Technologies Corp. Class A (SPCX)
SpaceX Q2: A Monster Beat, A Broken Valuation (Strong Sell)
Space Exploration Technologies Corp. aka SpaceX delivered a spectacular Q2, with $7.81B in revenue and $3.54B in adjusted EBITDA, beating expectations across nearly every major business line. Yet SPCX stock fell about 8% after earnings. Investors were not questioning the growth; they were questioning how much capital SpaceX must spend to produce it. Starlink remains the economic engine of the group, generating $4.29B in revenue and $1.66B in operating profit while AI and Space posted combined operating losses of roughly $1.80B.
Rocketing Cloud and Starlink Demand Boosts SpaceX Revenue 92%
Plus, the Strait of Hormuz opening is uncertain after a new strike, and one man's cure for loneliness started a movement.
SpaceX reports 92% revenue surge despite Wall Street AI jitters — first report card since historic IPO
SpaceX posted an operating loss of $143 million and an earnings per share loss of $0.09, beating analyst expectations of a loss per share of 26 cents.
SpaceX stock sinks despite headline Q2 beat
SpaceX (SPCX) shares slipped in after-hours trading late Tuesday as Wall Street delivered a muted verdict on the company's inaugural quarterly financial report. In its first public earnings update since a record-setting initial public offering on June 12, SpaceX reported second-quarter revenue of $7.81 billion, beating analyst estimates of $6.93 billion and surging 92% from $4.1 billion in the prior-year period.
SpaceX tops revenue estimates in first quarterly report since IPO
SpaceX Corp (NASDAQ:SPCX) reported higher revenue and a narrower-than-expected loss in its first earnings report since the satellite, launch and AI company's initial public offering. Revenue of $7.8 billion topped analyst estimates of $6.93 billion, up 92% year over year from $4.1 billion.
Nearly 1 Billion SpaceX Shares Unlock On Thursday
SpaceX shares face a test that may tell investors more than the company's first quarterly report. Up to 911.5 million shares held by employees and early investors will become eligible for sale on Thursday, Aug. 6, adding to the potential supply of a stock whose early valuation was established with less than 5% of the company available for public trading.
What to Expect from SPCX Earnings
Alex Roy says investors need to pay attention to free cash flow and see if operating cash flow improvements reveal themselves in SpaceX (SPCX) earnings. The Elon Musk company releases its first earnings report as a publicly traded company after Tuesday's close.
SpaceX Shows Life at $114: A Classic Bull Trap?
At $114.53, SpaceX (NASDAQ:SPCX | SPCX Price Prediction) looks vulnerable to further downside.
SpaceX rocket is about to crash into the moon - here's what we know will happen
Within the next few hours, a SpaceX rocket will collide with the moon - but how did this incident come about?
Analysts revise SpaceX stock price target
As Space Exploration Technologies Corp. (NASDAQ: SPCX) experienced a relief rally ahead of its first earnings report on August 4, several Wall Street analysts reiterated further upside for the next 12 months.
SpaceX reports its first financials as a public company today: Here are 4 key details to watch out for
What is arguably set to be the most watched earnings call of any company this year will take place later today.
Mystery Buyer Just Bet $20 Million SpaceX Could Nearly Triple by Friday. One Analyst Thinks It Could Be a Big Wall Street Bank.
Open interest in a single out-of-the-money SpaceX (NASDAQ:SPCX | SPCX Price Prediction) call option is now approaching $20 million, and no one on Wall Street can say for certain who is behind it.
