Elon Musk's SpaceX Just Delivered Its First Earnings Report as a Public Company. Here's the 1 Number That Matters Most.

Published August 9, 2026 · Category: Finance

Overview

All eyes were on Space Exploration Technologies (NASDAQ: SPCX) stock this week as it reported its first results since going public.

For the 2026 second quarter, SpaceX trounced Wall Street expectations on both the top and bottom lines. Analysts were looking for a $0.26 loss per share on $6.9 billion in revenue, and the company reported a $0.09 loss per share on $7.8 billion in revenue, a 92% year-over-year increase.

Details

Despite what appears to be positive financials, the stock fell 12% after the report. The number that stood out to the market was $18.4 billion. That was the capital expenditures (capex) in the quarter, and the market was none too pleased with it.

Continue reading

Source

Originally published at www.fool.com.

Related Articles

• If the SpaceX Stock Price Falls to $63, Here's What History Suggests Could Happen Next
• The Stock Market Is Doing Something Observed Only 4 Times Since 1997 -- and the Previous 3 Instances Ended in Disaster for Wall Street
• Is Toast Stock a Bargain AI Play After Its Latest Revenue Surge?