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THE TRUTH ABOUT: 5 - Caught on Camera

Elon Musk Admits Moon Robot Plans Sound 'Totally Nuts' as SpaceX Shares Tank on Debut Earnings

SpaceX's earnings report reveals strong revenue but heavy AI spending, causing shares to drop. Elon Musk shifts focus to ambitious plans for Moon factories, sparking investor debate.

International Business Times UK

Former Tesla Board Member Says xAI Can 'Break In With the Big Boys' Anthropic, OpenAI and Google— but There’s a Catch

Former Tesla Inc. (NASDAQ:TSLA) board member Steve Westly said Elon Musk’s xAI could challenge Anthropic, OpenAI and Alphabet Inc.’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google, but warned that entering artificial intelligence’s top tier will demand heavy spending and execution.

Benzinga

The real reason SpaceX shares are tanking after out-of-control rocket smashes into moon

The first financial report released by Elon Musk’s space and AI firm is having a bigger impact back on Earth

The Independent UK

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SpaceX posts 92% revenue surge, but stock tumbles 7% in after-hours. Here's why

SpaceX reported a strong debut quarterly performance as a public company, with revenue surging 92% year-on-year to $7.8 billion in the April–June quarter, driven by robust growth in its Starlink and AI businesses. Despite the strong earnings, the stock fell in after-hours trading as investors reacted to a sharp rise…

The Economic Times

Elon Musk Mocks Bears as SpaceX Stock Jumps 9%, Beats Revenue Estimates: 'I Try to Warn Them'

SpaceX's stock performance is impacted by its latest financial results, short selling dynamics, and Elon Musk's strategic moves, as the company faces a crucial share unlock this Thursday.

International Business Times UK

SpaceX posts smaller-than-expected loss despite scrutiny over AI spending

The rocket and satellite company beat Wall Street's loss forecasts in its first quarterly report as a public company, even as investors question its heavy AI spending and whether Elon Musk has oversold its prospects.

Euronews

SpaceX CEO Elon Musk Thinks People Underestimate Starlink and That Is a 'Big Deal'

Space Exploration Technologies Corp. (NASDAQ:SPCX) CEO Elon Musk said Tuesday that people are underestimating Starlink’s long-term potential and believes the satellite internet network could eventually deliver a majority of the world’s internet traffic in less than a decade.

Benzinga

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Elon Musk Ties Tesla's Optimus to Starlink's Next Growth Phase: 'The Appetite for Bandwidth Will Be Much Greater'

Elon Musk said on Tuesday that artificial intelligence (AI), humanoid robots and autonomous vehicles will dramatically increase demand for network bandwidth, arguing the world will need far more connectivity than ever before.

Benzinga

'Never Bet Against Elon': Peter Diamandis Believes SpaceX Could Reach $10 Trillion

Peter Diamandis says SpaceX could become the world's first $10 trillion company as Starlink, AI, reusable rockets, and vertical integration fuel its long-term growth.

International Business Times UK

Elon Musk Pulls Forward $1 Trillion Revenue Target for SpaceX as Revenue Jumps 92% — 'There's a Non-Zero Chance…'

Elon Musk on Tuesday said that Space Exploration Technologies Corp.’s (NASDAQ:SPCX) in-house forecast for hitting $1 trillion in annual revenue has been pulled forward to 2030 from 2031.

Benzinga

SpaceX plans to turn Starlink into full-fledged mobile service, targets Verizon, AT&T and T-Mobile

SpaceX plans to build a terrestrial mobile service using acquired spectrum licenses. This move could challenge established wireless carriers like Verizon and AT&T. The company aims to integrate its satellite network with ground infrastructure for broader coverage. Analysts caution that building a nationwide network will require significant investment and time.…

The Economic Times

Elon Musk delivers ‘totally nuts’ plan for moon robots and $1 trillion revenue target, but capex tanks SpaceX on debut earnings

The rocket-and-AI company posted stronger than expected revenue, but investors choked on the rapidly rising capital expenditures.

Fortune

SpaceX wants to launch next Starship this month (and catch it, too), Elon Musk says in 1st earnings call since historic IPO

SpaceX plans to notch some big milestones on the next test flight of its Starship megarocket, which is tentatively scheduled for late August.

Space

SpaceX Delivered a Strong Earnings Beat After Its Historic IPO. But Questions About Starlink and AI Spending Remain And The Stock Fell.

Adjusted EBITDA reached $3.5 billion, well above the roughly $2.1 billion analysts had projected, with shares rising in after-hours trading following the release.

International Business Times

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Fortune

SpaceX revenue surges 92% to $7.8 billion, blowing past Wall Street expectations by nearly $1 billion

SpaceX posted $7.8 billion in quarterly revenue, surging ahead of the $6.9 billion consensus, as Starlink subscribers doubled to 12 million and $14.1 billion in new AI contracts turbocharged financial results.

The Economic Times

US stocks: SpaceX quarterly revenue surges in debut results on strong growth in its Starlink business

SpaceX has announced an impressive 92% increase in revenue for the latest quarter, primarily fueled by the growth of Starlink and its AI initiatives. Despite this surge, the firm faced a net loss due to significant capital allocated towards infrastructure and future projects. After a strong IPO, its stock is…

The Guardian - US

SpaceX beats revenue expectations in first earnings report after IPO crash

Company beat analysts’ predictions to post $7.81bn in revenue, following stock plummet after IPO

Space

SpaceX launches Starlink satellites on 90th Falcon 9 flight of the year (video)

SpaceX launched 24 more of its Starlink internet satellites to low Earth orbit today (Aug. 4), on the 90th Falcon 9 rocket flight of 2026.

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Barchart

SpaceX Stock Faces a Make-or-Break Week as Investors Await Earnings and Lockup Expiration

It's a big week for SpaceX stock, as two major catalysts are set to shake up the market. Here's what to expect.

The Economic Times

SpaceX's satellite ambitions squeeze out rivals reliant on its rockets

SpaceX is increasingly reserving rocket space for its own Starlink satellites. This trend is crowding out rival space companies that rely on SpaceX launches. Many spacecraft companies face booked Falcon 9 rockets until 2028 or 2029. SpaceX's new Starship rocket is designed for reusability and lower costs. This shift impacts…

Benzinga

Will Elon Musk's Bullish Starlink Bet Help SPCX Recover? Billionaire Charts Ambitious Connectivity Plan Ahead of SpaceX Earnings

Space Exploration Technologies Corp. (NASDAQ:SPCX) is doubling down on its satellite connectivity goals as the Elon Musk-led company is preparing to launch its second-generation Direct-to-Device (D2D) service in the third quarter of 2027, according to filings with the Canadian government on Monday.

MarketBeat

SpaceX’s First Earnings Report Could Decide Whether Shorts or Bulls Have Control

SpaceX faces a $24.6 billion short position ahead of its Aug. 4 earnings and Aug. 6 lockup expiration, which will release about 911 million shares into the market.

Barchart

Rocket Lab’s $8 Billion Iridium Acquisition Creates a Powerful, Profitable Space Stock in 2027

Rocket Lab is rapidly transforming from a launch company into a diversified space business, positioning it for profits and strong free cash flow as early as next year.

Benzinga

SpaceX Q2 Earnings Preview: Expert Says Report ‘Less About The Numbers and More About Elon Musk’s Vision’

For the first time since going public with a record-breaking IPO, space giant SpaceX (NASDAQ:SPCX) will report quarterly financial results, with earnings set for Tuesday after market close.

Barchart

A $1.6 Billion Reason to Buy SpaceX Stock Now

SpaceX just landed another $1.6 billion Pentagon contract, reinforcing the long-term bull case for the aerospace giant.

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