Investors await SpaceX’s first quarterly report as a public company, focusing on Starlink margins and a looming lockup expiration.
SpaceX releases its first quarterly earnings as a public company after Tuesday’s close, with revenue estimates ranging from $6.8 to $6.9 billion, up from $4.69 billion in the prior quarter. Analysts project a non-GAAP loss of $0.23 to $0.26 per share, driven by heavy investment in Starship and AI initiatives.
Starlink is expected to generate $3.8 billion in revenue with 36% operating margins, while the AI segment, including xAI and Grok, may contribute $2 to $2.3 billion. A lockup tranche opening August 6 could release millions of shares, adding pressure amid post-IPO volatility.
Shares closed Monday at $114.53, up 5.68%, following a $1.5 trillion public offering in June. Options markets signal expectations for significant price movement post-earnings.