SpaceX extends decline to 11% on lockup expiration and capex spending fears
The company reported no BTC sales in the second quarter, but shares fell before the open as investors focused on capital spending, free cash flow pressure and a looming insider lockup expiry.
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- Elon Musk delivers ‘totally nuts’ plans for moon robots and insists $1 trillion revenue target will hit but capex tanks SpaceX on debut earnings fortune.com
- SpaceX is falling after posting first earnings report since IPO. What the biggest Wall Street firms are saying cnbc.com
- SpaceX bolsters the case against quarterly earnings ft.com
