SpaceX shares fall 7% to 12% after first public-company earnings report

Verifying
  • SpaceX reported its first full earnings report as a public company.
  • $18.4 billion in quarterly capital expenditures exceeded revenue by about 2.36 times.
  • SpaceX completed its IPO in June 2026 at a $1.75 trillion-$1.8 trillion valuation.
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