What to watch for in SpaceX's first public earnings report this week
SpaceX will release its first earnings report as a public company on Tuesday in a key test for the company's stuttering stock price.
SpaceX is poised to release its first earnings report as a public company on Tuesday, following its initial public offering in June. The company's stock has experienced volatility since the IPO, initially surging before falling 11% from its IPO price of $135 per share. On Tuesday, SpaceX shares gained $5 or 4.4%, to $119.53. The earnings report will be followed by a call with Wall Street analysts at 4:30 PM ET, where CEO Elon Musk is expected to address investor questions.
Investors will closely examine SpaceX's revenue growth during the earnings report. The company reported $18.7 billion in revenue for the year, but incurred a net loss of over $4.9 billion. For the second quarter, SpaceX is projected to report a net loss of $1.9 billion, potentially reaching over $5 billion for the first half of 2026. However, analysts forecast strong growth in the second half of the year, with some predicting profitability.
The company's AI business is another key area of focus. In the first quarter of 2026, SpaceX's AI segment generated $818 million in revenue, supporting the company's $1.4 trillion valuation. Investors will closely monitor SpaceX's AI revenue growth, particularly the performance of its satellite network, the acquisition of AI startup Cursor, and the potential impact of the lockup period expiration on Thursday, when large shareholders may sell shares, increasing volatility.
Written by urgent.news from CBS News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
