After share price crash following IPO, SpaceX to report first earnings as a public company
SpaceX reported a 92% revenue increase to $7.81bn in its first earnings report since going public, though the company remains unprofitable with a $541m loss. Despite beating analyst expectations, the company's stock price fell following the announcement.
Why it matters
This provides a rare look into the financial health of a major private-turned-public space exploration firm and highlights investor sensitivity to capital expenditures.
The SpaceX Starship and Super Heavy v3 Booster lift off from the launch complex in Starbase, Texas, on 24 July 2026. The SpaceX Starship and Super Heavy v3 Booster lift off from the launch complex in Starbase, Texas, on 24 July 2026. SpaceX SpaceX beats revenue expectations in first earnings report after IPO crash Company posts $7.81bn in revenue, a jump of 92%, after share prices crashed following IPO debut
Prefer the Guardian on Google For the first time since SpaceX went public, the world is getting a first-hand look into the trillion-dollar corporation’s financials. The Elon Musk -run business reported its second-quarter earnings on Tuesday, saying that its revenue jumped 92% since June.
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