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COVERAGE GAP

SpaceX Stock Drops After First Earnings Report

SpaceX shares fell following its initial earnings call since going public in June.

COVERAGE GAPLEFT SOURCES ONLY

WHAT'S CONFIRMED

  • SpaceX is investing heavily in rocket development, Starlink satellites, and AI. NPR Technology, BBC Technology
  • SpaceX stock price declined after announcing its AI spending plans. NPR Technology, BBC Technology

NOT REPORTED ELSEWHERE

  • Elon Musk told investors that people were underestimating his company. BBC Technology
  • SpaceX is ramping up Tesla Megapack purchases in Q2 to power Colossus AI data centers. CNBC Tech
  • SpaceX employee Andre Lavoie, who joined in 2009, is looking to cash in shares. BBC Technology

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