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Markets · Investing · Business
Finance
Prediction: Here's What SpaceX Stock Will Do After Its First Earnings Report
The largest IPO in history is set to report earnings for the first time on Aug. 4. Here's what investors need to know.
In two weeks, on Aug. 4, Space Exploration Technologies(NASDAQ: SPCX) is scheduled to release its first quarterly earnings report after going public through an initial public offering (IPO) in June. Better known as SpaceX, the technology company that raised the most capital in an IPO in history, is now settling into the routine of a publicly traded company.
Here's my prediction for what happens to SpaceX after this quarterly earnings report, and why it will have little to no bearing on the stock over the next 10 years.
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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.
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