Now that Space Exploration Technologies(NASDAQ: SPCX), or SpaceX for short, has arrived on Wall Street, investors can begin looking ahead to its first earnings report as a public company. It might be the most anticipated event of the earnings season, expected sometime in early August.
Not only will CEO Elon Musk deliver updates on SpaceX's business, but a ton has happened over the past few weeks. The company is acquiring Cursor, an artificial intelligence (AI) start-up, for $60 billion in stock. Additionally, SpaceX now has just over $100 billion in cash to put to work toward its ambitious goals, including putting AI data centers in space.
Capital Daily covers markets, crypto and commodities for Asia & the Middle East — tier-1 desk research, AI-driven analysis, institutional-grade data. Tip our newsroom: [email protected]
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
What moved overnight · what to watch today · pre-positioning notes from our desk. Delivered to your inbox at 6:30 AM Dubai.
No spam. Unsubscribe in one click. We never sell your email.
We use cookies and similar technologies to improve your experience, serve personalized ads, and analyze traffic. You can manage your preferences or accept/reject all.
Cookie Preferences
EssentialRequired for the site to function. Always active.
AnalyticsHelp us understand how visitors interact with the site.
AdvertisingUsed to deliver personalized ads.
FunctionalEnable enhanced functionality and personalization.
