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SpaceX faces US$1.9B earnings loss
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SpaceX faces US$1.9B earnings loss

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  • SpaceX is expected to report US$6.8 billion revenue and a US$1.9 billion Q2 loss.
  • SPCX traded near US$119.71 after rising 4.6%, but remained over 50% below its US$225.64 high.
  • Investors are watching Starship reuse, Starlink growth and AI computing plans for signs of future revenue.

SpaceX is expected to report US$6.8 billion revenue and a US$1.9 billion second-quarter loss.

The results will mark SpaceX’s first quarterly report since its June IPO, with shares over 50% below their peak.

Analysts expect Starlink growth to offset some losses from launch and artificial intelligence operations, according to estimates cited by Crypto.news.

Anthropic agreed to pay SpaceX US$1.25 billion monthly through May 2029 for computing capacity, according to Axios.

Bernstein maintained an Outperform rating and US$239 price target, citing Starship reuse as important to SpaceX’s long-term valuation.

SPCX traded near US$119.71 after gaining 4.6%, but remained below its US$135 June IPO price.

Starlink remains SpaceX’s consistently profitable segment, while AI infrastructure and Starship development require significant spending, according to Crypto.news.

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