Space Exploration Technologies announced it will share quarterly and annual financial results exclusively on its investor relations website and its @SpaceX account on X, rather than through traditional news release services like Business Wire or PR Newswire. The company, which recently completed an IPO of 638.9 million shares at $135 per share raising about $85.7 billion, will still file required information with the SEC. The SEC has previously permitted companies to use websites and social media for material announcements if investors are informed of the designated channels. SpaceX's Starlink satellite internet business had about 10.3 million subscribers across 164 countries at the end of the first quarter of fiscal 2026, and the company carried over 80% of the world's satellite and cargo weight launched into orbit since 2023. The move places more responsibility on investors to monitor SpaceX's website, X account, and SEC filings directly.
Alphabet Inc Class C
NVIDIA CorporationSpace Exploration Technologies Corp. Class A Common StockSpaceX will bypass traditional wire services for financial disclosures, relying on its website and X account, which is permitted by SEC rules.
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