Odaily Planet Daily reports that SpaceX will release its first financial report since going public after U.S. markets close on Tuesday. The market will closely focus on the operational performance of its Starlink, Starship, and artificial intelligence businesses, and assess whether its approximately $1.5 trillion valuation is justified.
Since its first trade in June, SpaceX's stock has continued to decline, closing at $114.53 on Monday, down approximately 15% from its IPO price of $135 and nearly 50% from its June high, resulting in a market capitalization loss of over $500 billion.
Analysts note that investors are focused not on quarterly profits, but on Starlink user growth, expansion of the AI infrastructure business, and progress on Starship. Starlink is viewed as SpaceX’s primary source of revenue growth, with the company expecting second-quarter revenue of approximately $6.9 billion. Meanwhile, SpaceX’s AI business generated $818 million in revenue over the first three months of this year, and the market will be watching its integration with xAI, data centers, and computing power services.
Additionally, this week SpaceX will experience its post-IPO lock-up expiration, with over 9.11 billion shares becoming tradable, representing a market value of approximately $100 billion, drawing market attention to potential selling pressure. (Jinshi)