SpaceX Stock May Fall After August 4 Earnings Update

Earnings

โดย The Motley Fool·Read original

Summary · why it matters

SpaceX stock could decline further after its second-quarter update on August 4, as heavy artificial intelligence spending may spook investors. The company spent $7.7 billion in AI-related capital expenditures in the first quarter, an annual run rate of $30.8 billion, far above the $12.7 billion recorded in 2025. First-quarter revenue was $4.7 billion, up 15% year over year, but the company is not consistently profitable. The stock has already fallen from a high of about $225 to below $112, and its $1.5 trillion valuation is considered too high given its financial results.

Space Exploration Technologies Corp. Class A Common Stock ▼