SpaceX will release its first quarterly earnings report since going public after U.S. markets close on Tuesday, with investors closely evaluating performance in rocket launches, Starlink, and AI infrastructure businesses. SpaceX’s stock previously reached a high of $201.80, with a market capitalization nearing $3 trillion; it has since declined to approximately $1.4 trillion. According to FactSet data, the market expects SpaceX’s second-quarter revenue to be around $6.88 billion, an EPS loss of $0.23, and quarterly EBITDA of approximately $2.1 billion. Full-year revenue expectations are around $39 billion, with EBITDA of approximately $17.3 billion. In the first quarter, SpaceX’s AI business generated revenue of approximately $818 million, incurred an operating loss of $2.5 billion, and had capital expenditures of $7.7 billion. Starlink had 10.3 million users in the first quarter. Approximately 20% of locked shares will become eligible for sale starting August 6. Of the 37 analysts covering SpaceX, 28 have issued buy or outperform ratings, with an average price target of $236.72.
SpaceX to Release Post-IPO Q2 Earnings; Market Focus on AI and Share Lock-Up Expiry
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Summary
SpaceX is set to release its first post-IPO Q2 earnings report after U.S. markets close on Tuesday. Investors are closely watching for updates on rocket launches, Starlink, and AI infrastructure. The stock reached $201.80 but is now trading lower, with its market cap declining from nearly $3 trillion to $1.4 trillion. Analysts forecast Q2 revenue at $6.88 billion, a loss of 23 cents per share, and $2.1 billion in EBITDA. For the full year, revenue is expected at $39 billion, with EBITDA at $17.3 billion. In Q1, SpaceX’s AI segment generated $818 million in revenue but recorded a $2.5 billion operating loss and $7.7 billion in capital expenditures. Starlink added 10.3 million new users in Q1. Approximately 20% of locked shares will vest on August 6. Of 37 analysts, 28 rate it a buy or overweight, with an average price target of $236.72. Altcoins to watch may react to investor sentiment surrounding the report and the Fear & Greed Index.
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