Investors await SpaceX’s first quarterly report since its IPO, amid a 44% drop from its post-listing peak and upcoming lock-up expiry.
SpaceX will release its first quarterly results since its IPO on Tuesday, offering insight into whether its financials justify its valuation. The report follows heavy investment in AI and space technology, sectors critical to its growth narrative.
Shares have fallen sharply since the debut, dropping 17% from the $135 IPO price and 44% from the $200 peak. The stock closed at $114.53 on August’s first trading day, recovering slightly alongside a 1.78% rise in the Nasdaq 100.
Volatility may increase as early investors gain the right to sell shares two days after earnings, potentially flooding the market with billions in additional supply.