SpaceX (SPCX) is to report second quarter earnings on August 4, offering investors their first look at how it might justify its nosebleed valuation.
Ahead of the report, shareholders are bracing for another Big Tech-style quarter, marred by heavy spending, uncertain cash flow, and a looming increase in tradable shares.
Those concerns have pushed ***** eX stock sharply below its June peak and even below its $135 IPO price.
The selling pressure stands, but according to TheFly, Cantor Fitzgerald's top ***** yst, Colin Canfield, remains firmly bullish, and at the center of it is ***** eX's upcoming earnings report.
Earnings now becomes a major test of whether Elon Musk's ***** e business can generate enough financial firepower to sustain his broader ambitions.
#report #Tech
Ahead of the report, shareholders are bracing for another Big Tech-style quarter, marred by heavy spending, uncertain cash flow, and a looming increase in tradable shares.
Those concerns have pushed ***** eX stock sharply below its June peak and even below its $135 IPO price.
The selling pressure stands, but according to TheFly, Cantor Fitzgerald's top ***** yst, Colin Canfield, remains firmly bullish, and at the center of it is ***** eX's upcoming earnings report.
Earnings now becomes a major test of whether Elon Musk's ***** e business can generate enough financial firepower to sustain his broader ambitions.
#report #Tech
1 day ago
