Global Stock News

Elon Musk’s SpaceX announces Q2 earnings date amid 45pc stock price slump

Elon Musk’s SpaceX announces Q2 earnings date amid 45pc stock price slump

  • SpaceX will report its first public quarterly earnings on August 4, covering second-quarter results following its June Nasdaq listing.
  • Shares have fallen over 45 per cent from post-IPO highs as investors weigh persistent losses and uncertain near-term profitability.
  • The earnings release coincides with the first insider share unlock, potentially increasing selling pressure despite Starlink’s strong subscriber growth.

NEW YORK, July 21 — SpaceX will release its first quarterly earnings report as a publicly traded company on August 4, the rocket and AI giant said Monday on its investor relations website.

The Elon Musk-led company, which trades under the ticker SPCX on the Nasdaq exchange, is scheduled…

Source link

Share this article

Scroll to Top