SpaceX prepares to release its first quarterly earnings report as a public company on Tuesday.
SpaceX is scheduled to release its first earnings report as a public company on Tuesday after the market closes. The space and AI company, which recently underwent the largest IPO in U.S. history, has seen its stock price fluctuate significantly since its debut. While the company reported $18.7 billion in revenue last year, it suffered a net loss of over $4.9 billion. Investors are closely watching the company's AI strategy and the growth of its Starlink broadband satellite network. Analysts are looking for signs that the company's massive investments in artificial intelligence, including the acquisition of the AI coding startup Cursor, will begin to generate significant revenue. Additionally, the company's Starship rocket, designed for full reusability, is a key factor in justifying its $1.4 trillion valuation. The report will also provide clarity on the company's capital funding and the upcoming expiration of lock-up restrictions, which will see over 911 million shares released into the market on Thursday.