SpaceX to report first public earnings as stock hits new all-time low

Earnings Impact 4

โดย Yahoo Finance·Read original

Summary · why it matters

SpaceX will report its first-ever quarterly results as a public company on Tuesday after the bell, with the stock hitting a new all-time low on Monday morning. Shares have fallen nearly 30% from their $150 debut last month and are down roughly 50% from the all-time high of $225.64. The company is expected to post second-quarter revenue of $6.87 billion, up from $4.7 billion in the first quarter, along with an adjusted loss per share of $0.25 and adjusted EBITDA of $2.03 billion, according to Bloomberg consensus. Investors are also bracing for a lockup expiration on August 6 that could free up to 20% of shares for sale, roughly triple the current tradable float. Analysts are focused on rising capital expenditures, with S&P Global Visible Alpha projecting capex to climb from $48.7 billion this year to $118.4 billion in fiscal 2028, while overall debt is expected to grow over fivefold from $41.7 billion to more than $218.0 billion over the same period.

Space Exploration Technologies Corp. Class A Common Stock ▼