After share price crash following IPO, SpaceX to report first earnings as a public company
business
SpaceX is reporting its second quarter earnings as a public company for the first time. Elon Musk's rocket company went public in June with the largest initial public offering in history, initially valued at two trillion dollars. Since then, the stock has plummeted twenty-four percent, erasing nearly five hundred billion dollars in market value. Per The Guardian, investors are watching the earnings report for signs the company can actually turn a profit.
Source: https://www.theguardian.com/science/2026/aug/04/spacex-fi...
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