SpaceX is set to release its first earnings report since its IPO, with the stock already down about 15% from the $135 offering price ahead of the after-market-close announcement. Wall Street expects a quarterly revenue of $6.81 billion and a net loss, with investors focused on Starlink subscriber growth and profitability, plus heavy capital expenditures tied to AI, space, and connectivity segments. A major lockup expiration on August 6 will let insiders sell nearly a billion shares, potentially increasing volatility, though Deutsche Bank’s Edison Yu maintains a Buy rating and a bullish $255 price target.
This update represents a notable development in the Board sector. Organizations and founders tracking this space should evaluate potential strategic and technical implications on their operations.