Today represents another milestone moment for the company that rewrote Wall Street's record books with its initial public offering (IPO) a little over seven weeks ago. Elon Musk's trillion-dollar artificial intelligence (AI) and ****** e economy conglomerate, ****** e Exploration Technologies (SpaceX) (NASDAQ: SPCX), is set to report its second-quarter operating results after the closing bell today, Aug. 4.
While earnings reports provide the meat-and-potatoes of what makes companies tick, ****** eX's first quarterly report as a public company isn't the highlight of what's to come. The real fireworks begin two days later, on Aug. 6.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
As of July 30, Wall Street's consensus is for ****** eX to deliver $6.82 billion in sales for the June-ended quarter with a loss of $0.29 per share. But without any previous guidance from the company, ****** yst estimates are truly all over the map.
Investors can expect ****** eX to talk up its two most prominent compute deals inked in the second quarter. In May, Anthropic, the large language model developer behind Claude, agreed to pay ****** eX $1.25 billion monthly through May 2029 for access to xAI's data center. Just weeks later, Alphabet agreed to pay $920 million monthly over three years to access xAI's compute capacity.
#SpaceX #NVIDIA #public
While earnings reports provide the meat-and-potatoes of what makes companies tick, ****** eX's first quarterly report as a public company isn't the highlight of what's to come. The real fireworks begin two days later, on Aug. 6.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
As of July 30, Wall Street's consensus is for ****** eX to deliver $6.82 billion in sales for the June-ended quarter with a loss of $0.29 per share. But without any previous guidance from the company, ****** yst estimates are truly all over the map.
Investors can expect ****** eX to talk up its two most prominent compute deals inked in the second quarter. In May, Anthropic, the large language model developer behind Claude, agreed to pay ****** eX $1.25 billion monthly through May 2029 for access to xAI's data center. Just weeks later, Alphabet agreed to pay $920 million monthly over three years to access xAI's compute capacity.
#SpaceX #NVIDIA #public
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