SpaceX Leads Pre-Market Gains Ahead of Earnings Release

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SpaceX led pre-market gains in the daily market report on August 4, rising 1.59% to $116.40 ahead of its first post-IPO earnings release after the close. The Fear & Greed Index remains under watch as investors focus on Starlink and AI business performance. Analysts forecast Q2 revenue of $6.88 billion and EBITDA of $2.1 billion. Virgin Galactic fell 1.7%, while AST SpaceMobile rose 4.6%, Rocket Lab 3.46%, and Redwire 3.53%.

Huo Xing Finance reports that on August 4, according to BIT (bit.com) market data, most space-themed stocks in the U.S. rose in pre-market trading. SpaceX’s first earnings report since its IPO will be released after market close, with market focus on its three key businesses: rockets, Starlink, and AI. Analysts expect SpaceX’s second-quarter revenue to be approximately $6.88 billion, an EPS loss of $0.23, and a quarterly EBITDA of about $2.1 billion. Full-year revenue guidance is estimated at $39 billion, with EBITDA around $17.3 billion. SpaceX (SPCX) rose 1.59% to $116.40; Virgin Galactic (SPCE) fell 1.7%; AST SpaceMobile (ASTS) gained 4.6%; Rocket Lab (RKLB) rose 3.46%; Redwire (RDW) increased 3.53%.

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