SpaceX2026-08-04 08:41:34SpaceX heads into first post-IPO earnings report with Starlink, AI and lockup expiry in focusSpaceX is set to report its first earnings since going public after the U.S. stock market closes on Tuesday, with investors watching three businesses in particular: Starlink, Starship and AI. Since its June 12 listing, the stock has stayed under pressure. It closed at $114.53 on Monday, about 15% below its $135 offer price and nearly 50% below its record high of $225.64, wiping out more than $500 billion in market value. Visible Alpha expects second-quarter revenue of about $6.9 billion, led mainly by Starlink. On the AI side, SpaceX previously acquired xAI and has signed computing supply deals with Google and Anthropic. Its AI segment generated $818 million in first-quarter revenue. The company also recently completed Starship’s 13th test flight, though the booster recovery ended in a hard landing. Attention is also turning to Thursday’s lockup expiration, when about 911 million shares, valued at roughly $100 billion, will become tradable. S3 Partners said short sellers in SpaceX are sitting on paper gains of about $8.3 billion. New Street and Yorkville Advisors said the pullback may offer an entry point for long-term investors, while the next move may hinge on the strategic signals Elon Musk gives on the earnings call.1820
Bernstein2026-08-04 07:56:55Bernstein says Starship is central to SpaceX justifying its valuationBernstein said in a client note on Friday that Starship is the single most important factor in whether SpaceX can justify its valuation. The report also identified three other issues the company must address: semiconductor availability, regulatory processes, and computing capacity. According to the note, SpaceX needs a large number of processors for data center satellites as it works to build orbital data centers, while every Starship launch requires approval from the Federal Aviation Administration, or FAA. The analysts also pointed to the company’s push to become a leader in AI after its merger with Elon Musk’s xAI in February this year, a move that increases the need to keep building compute capacity despite broader resource constraints. Even with those hurdles, Bernstein maintained a buy rating on the stock and set a $239 price target ahead of earnings due on Tuesday. The analysts wrote that quarterly results are not the main issue. What matters, they said, is the level of confidence management shows in the company’s path for growth.690
SpaceX2026-07-25 02:43:49Morgan Stanley keeps bullish call on SpaceX as stock hits post-listing lowSpaceX shares closed at $115.07 on Friday, the lowest finish since the company listed in June, while Morgan Stanley analyst Adam Jonas reiterated his Overweight rating and $300 price target. In a note to clients, Jonas argued that investor pessimism has become disconnected from fundamentals. He said that if the stock falls to $100, a level many investors he spoke with expect because of next month’s lock-up expiration, the market would effectively be assigning zero or even negative value to SpaceX’s AI operations built around Grok and Cursor. The report lands as SpaceX approaches two near-term catalysts: quarterly results due Aug. 4 for the period ended June 30, and the release of roughly 910 million shares on Aug. 6. Consensus estimates cited in the report call for about $6.87 billion in revenue and a loss of $0.28 per share. On the operating side, SpaceX’s Starship completed its 13th test flight the same day, deploying 20 next-generation Starlink V3 satellites for the first time and ending with what the company described as its softest splashdown yet in the Indian Ocean. The contrast left Wall Street focused on whether investors are valuing SpaceX primarily as a space company with AI assets or as an AI company that also launches rockets.1640
SpaceX2026-07-25 01:07:25SpaceX completes 13th Starship test flight as shares fall 1.48% after hoursSpaceX carried out the 13th test flight of its Super Heavy Starship vehicle at Starbase in Texas on July 25, according to launch livestream footage cited by BlockBeats. The mission went ahead after a series of delays tied to weather and an automated launch abort shortly before liftoff. The report said the 13th flight had been postponed three times. During the first attempt, the countdown was halted in the final seconds after the automated system stopped the launch because of a technical parameter issue. Later delays were linked to unfavorable weather around the Starbase launch site in Texas. On the market side, SpaceX shares fell to around the $111 level earlier in the day and closed at $115.07, which BlockBeats described as the company’s lowest closing price since its IPO. In after-hours trading, the stock was quoted at $113.37, down 1.48%.1430
SpaceX2026-07-25 00:29:34Starship Flight 13 completes V3 satellite deployment test as SpaceX hits key mission targetsSpaceX said Starship Flight 13 was successfully carried out on July 24, 2026, meeting several engineering goals in a single mission. The flight included the return and splashdown of the Super Heavy booster in the Gulf of Mexico, an in-space relight test of a single Raptor engine on the upper stage, and a controlled reentry and splashdown of the ship in a designated area of the Indian Ocean. The mission also marked the first deployment of 20 production-version Starlink V3 satellites during the spaceflight phase. According to the source material, those satellites deployed solar arrays and antennas, tested laser inter-satellite links, and connected with ground stations and the existing Starlink constellation before reentering the atmosphere roughly 20 minutes later as planned. Six of the deployed satellites carried cameras and captured external views of Starship’s heat shield, adding a new stream of diagnostic data for reentry analysis. The report also said each V3 satellite is designed for 1 Tbps downlink and 160 Gbps uplink capacity, more than 10 times the performance of the previous V2 Mini generation.630
Polymarket2026-07-24 05:48:03Polymarket prices higher odds for SpaceX Starship Flight 13 on July 24 and 25PPP, a prediction-market tracking tool, said Polymarket traders have raised the implied odds that SpaceX will carry out Starship’s 13th test flight on July 24 to 77%, up 16% over the past 24 hours. In the same monitoring update, the probability for a July 25 Flight 13 attempt climbed to 83%, marking a 35% gain over the same period. SpaceX had previously said the 13th Starship test flight was pushed back to July 24 because of weather, though it remains unclear whether those weather concerns are still in place. The company also made an earlier launch attempt on July 17, but that try ended before liftoff after some Raptor engines did not start as expected, triggering the automatic launch abort system. According to the report cited by ChainCatcher, SpaceX is now heavily focused on Starship and has already begun turning down commercial Falcon launch orders scheduled for after 2028.200
SpaceX2026-07-23 22:50:16SpaceX Debuts Investment-Grade Bond, Rakes in $89B Orders, Oversubscribed Nearly 4x for xAI and StarshipSpaceX issued its first investment-grade bond, attracting $89 billion in orders. Targeting $20-25B raised for refinancing xAI/X bridge loan and funding Starship capex. Oversubscribed nearly 4x, highlighting strong bond market confidence.450
SpaceX2026-07-23 16:47:53SpaceX posts Starship Flight 13 livestream page as Polymarket odds for a same-day launch reach 64%SpaceX has published the livestream page for Starship Flight 13, with the page showing a start time of 6:14 a.m. Beijing time on July 24. On prediction market Polymarket, the "Yes" side of the contract asking whether SpaceX will launch Starship today, local time July 23, was trading at 64%, while the probability for a launch this month had reached 91%. Flight 13 had previously aborted automatically on the morning of July 17, roughly one second before leaving the launch pad after engine ignition. The latest operations plan released by the U.S. Federal Aviation Administration still lists Starship Flight 13 as a scheduled mission for the day. The earliest expected liftoff time is 17:45 local time in Texas, or 6:45 a.m. Beijing time on July 24, with a 90-minute launch window running until 8:15 a.m. Beijing time. Next Spaceflight’s live page shows that 19 launch preparation conditions, including rocket testing, stacking, airspace notices and maritime warnings, have been completed, with no new technical issue or delay notice currently showing.1310
