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SpaceX releases its second-quarter earnings late Tuesday, marking the rocket-maker's first report since its public debut in June. The results should detail the Starbase, Texas-based company's accelerating launch programs, Starlink growth and artificial intelligence developments. The report arrives as SPCX stock last week fell to post-IPO lows.
Beyond financial figures and performance metrics, **** ysts and investors await updates from Elon Musk regarding a potential merger between **** eX and Tesla (TSLA). In addition, roughly 20% of locked-up insider shares will open to potential sale on Aug. 6.
Analysts expect **** eX (SPCX) to report a loss of 23 cents per share on $6.88 billion in revenue, according to FactSet.
For Q1, **** eX recorded a loss of $1.27 per share on $4.69 billion in sales, according to the S-1 filing.
Analysts expect artificial intelligence segment sales to primarily drive the quarter-over-quarter revenue growth. FactSet predicts AI revenues jump to $2.18 billion from $818 million in Q1.

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3 months ago

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