Published August 4, 2026 · Category: News

Overview

The company will release its second quarter earnings on Tuesday, giving investors a look at its potential profit

For the first time since SpaceX went public, the world will get a first-hand look into the trillion-dollar corporation’s financials. The Elon Musk-run business will report its second quarter earnings on Tuesday, while nervous investors look to gain more insight into the rocket ship company’s potential for profit.

Details

SpaceX had a blockbuster initial public offering in June with the largest-ever stock market debut in history. The IPO transformed SpaceX into a $2tn company and briefly crowned Musk the world’s first trillionaire. But since then, the company’s stock has plummeted by 24%, erasing nearly $500bn in market cap.

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Source

Originally published at www.theguardian.com.

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