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Will Elon Musk's Bullish Starlink Bet Help SPCX Recover? Billionaire Charts Ambitious Connectivity Plan Ahead of SpaceX Earnings
Benzinga2d agoneutral
Will Elon Musk's Bullish Starlink Bet Help SPCX Recover? Billionaire Charts Ambitious Connectivity Plan Ahead of SpaceX Earnings

Space Exploration Technologies Corp. (NASDAQ:SPCX) is doubling down on its satellite connectivity goals as the Elon Musk-led company is preparing to launch its second-generation Direct-to-Device (D2D) service in the third quarter of 2027, according to filings with the Canadian government on Monday. Natively Supported Devices The company had earlier partnered with Canadian Telecom company Rogers Communications Inc. (NYSE:RCI) in 2025 to launch Starlink’s first-gen system in the country, which is

How SpaceX Stock Will Trade After Earnings.
Barrons.com2d agoneutral
How SpaceX Stock Will Trade After Earnings.

Early trading in SpaceX stock has been wild. Coming into earnings, SpaceX stock was down 15% from its $135 IPO price and 43% from its record closing high of $201.80, reached on June 16. Recent short selling will only add to the SpaceX post-earnings volatility.

What to Watch for in SpaceX’s Earnings Report
The Wall Street Journal2d agoneutral
What to Watch for in SpaceX’s Earnings Report

SpaceX is due to release its first earnings report as a public company after the close today. Here’s what to look for in its second-quarter performance: Starlink growth: SpaceX’s satellite internet product is the company’s cash cow.

Rockets, Starlink, AI: SpaceX faces its first Wall Street grilling
AFP2d agoneutral
Rockets, Starlink, AI: SpaceX faces its first Wall Street grilling

Less than two months after a record-breaking IPO, SpaceX is set to publish its first quarterly results after markets close on Tuesday, as the share price of Elon Musk's rocket ship and AI company has lost around half its value since peaking in June.Above all, Tuesday's results will show the extent of SpaceX's evolution from being primarily a rocket company to a conglomerate with AI at its core.

Palantir Cashes In on Its Early SpaceX Bet As IPO Windfall Juices Quarterly Earnings
Benzinga2d agobearish
Palantir Cashes In on Its Early SpaceX Bet As IPO Windfall Juices Quarterly Earnings

Palantir Technologies Inc. (NASDAQ:PLTR) reported unrealized gains from its investment in Space Exploration Technologies Corp. (NASDAQ:SPCX), boosting its second-quarter earnings, making it the latest major technology company to benefit from the Elon Musk-led company’s blockbuster public debut. SpaceX Stake Added to Quarterly Earnings During the company’s second-quarter earnings call on Monday, CFO David Glazer said unrealized gains from the company’s SpaceX investment contributed $0.03 to GAAP

Snap Q2 Earnings Call Highlights
MarketBeat2d agoneutral
Snap Q2 Earnings Call Highlights

Snap (NYSE:SNAP) reported second-quarter revenue growth of 19% as the company cited improving advertising performance, rapid expansion in subscription-related revenue and increased cash generation. The company also said it is shifting its primary financial objective toward free cash flow per share w

Review & Preview: Starting Strong
Barrons.com2d agoneutral
Review & Preview: Starting Strong

REVIEW PREVIEW NEWSLETTER Fresh Record. Markets kicked off the first trading day of August on a strong note, with the Dow Jones Industrial Average closing at a new high on Monday. The pullback in oil prices held despite Iran’s denial of any peace talks taking place, allowing markets to look through the latest geopolitical back-and-forth and focus on a Magnificent 7 rally.

Musk likely to face tough questions during SpaceX's first earnings call as a public company
Associated Press2d agoneutral
Musk likely to face tough questions during SpaceX's first earnings call as a public company

Investors in Elon Musk's space company get a chance to question him Tuesday after SpaceX issues its first quarterly earnings since going public. SpaceX shares are down by half from their June peak as investors worry Musk may have oversold them on its future prospects. Part visionary engineer, part stock salesman, Musk is likely to be asked about when he expects to finish testing SpaceX's giant Starship rockets that NASA hopes to use to put men on the moon again, his plans for its satellite network and the prospects of putting football-field sized datacenters in orbit.

SpaceX Has a Bit of an 'Identity Crisis,' Zhu Says
Bloomberg2d agoneutralVIDEO
SpaceX Has a Bit of an 'Identity Crisis,' Zhu Says

Moffettnathanson Research Analyst Julie Zhu says SpaceX almost has an "identity crisis." Elon Musk's company is set to report its first-ever quarterly earnings results on Tuesday after going public this summer. Zhu talks about what the team is looking for on "Bloomberg The Close."

SpaceX faces its first earnings test days before $100bn of stock is freed
Proactive2d agoneutral
SpaceX faces its first earnings test days before $100bn of stock is freed

Results land on Tuesday, with the first insider lock-up expiring on Thursday and the shares below their float price SpaceX Corp (NASDAQ:SPCX) will publish its first set of results as a listed company after the closing bell in New York on Tuesday, two days before the first tranche of insider...

While similar, Meta a better bet than SpaceX, says portfolio manager
Reuters Videos2d agoneutralVIDEO
While similar, Meta a better bet than SpaceX, says portfolio manager

<body><p>STORY: "Meta actually feels quite a bit like SpaceX now, where both companies are building data center capacity as quickly as they can," said Ellerbroek. "They're spending more than 100% of their operating cash flows to build new data centers. Their existing core businesses do not have use for everything that they're building. They're building excess. And they're doing that with the intention of building new businesses that will fill and use that capacity with a backup option of renting it to others if their internal plans fail."</p><p>He adds that "the prospects for (Meta) are appealing. We think the valuation is reasonable. With SpaceX, we've chosen not to own it," as it is relying on revenue from short-term deals for computing that could expire soon. "We don't trust the durability of those revenues and profits."</p></body>