What to watch for in SpaceX's first public earnings report this week
Summary
SpaceX will release its first public earnings report on Tuesday, showing how the company is performing after its recent initial public offering (IPO). Investors will watch the company’s revenue growth, the progress of its artificial intelligence (AI) business, and the possible impact on its stock price.Key Facts
- SpaceX went public with the largest IPO in U.S. history in June.
- The stock price has fallen from a high of $225.64 to about $110 per share.
- SpaceX made $18.7 billion in revenue last year but had a net loss of $4.9 billion.
- Analysts expect $6.9 billion in revenue for the second quarter, mainly from the Starlink satellite internet service.
- SpaceX’s AI business made $818 million in revenue in early 2026.
- Investors are watching AI projects like Cursor (a coding startup) and Grok (an AI chatbot).
- About 911 million SpaceX shares, worth $100 billion, will become available for sale soon, which may affect the stock price.
- Short sellers have bet against SpaceX, causing some of the stock price decline.
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