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Markets · Investing · Business
Finance
SpaceX Earnings Are Coming Aug. 4. Here's Why Aug. 6 Could Be Even More Important For Investors.
The volume of stock sales from early stakeholders could dwarf the IPO after SpaceX's first earnings report.
Next month, Space Exploration Technologies(NASDAQ: SPCX), better known as SpaceX, will share its first financial update with investors since it went public. On Aug 4, investors will get to see how many Starlink subscribers it has added and how much it's spending on its artificial intelligence efforts.
While the update, financial outlook, and comments from CEO Elon Musk and his executive team will provide important information for investors, another event two days later could have an even bigger impact on the stock: SpaceX's first lockup period will expire.
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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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