Shares have fallen over 50% from their peak as investors await revenue and loss figures in the company’s debut quarterly results.
SpaceX will release its first quarterly earnings tomorrow after its record $85.7 billion IPO in June. The report follows a steep decline in shares, now trading near $111 after peaking at $225.64 post-IPO.
Wall Street expects $6.82 billion in revenue and a non-GAAP loss of $0.23 per share, though estimates remain highly uncertain. The company’s June IPO priced shares at $135, which closed at $160.95 on the first day.
Analysts caution the quarter may reflect significant estimate skew, with focus shifting to cash flow and segment performance beyond headline numbers.