SpaceX is set to report its first-ever quarterly earnings as a public company after the closing bell on Tuesday. This report will provide investors with a detailed look at the company’s financials, including its spending on artificial intelligence and revenue streams from its satellite internet business, Starlink.

Investor Expectations

Investors are eager to learn more about SpaceX’s progress on its flagship rocket, Starship, and its plans for the future. The company has been investing heavily in artificial intelligence, with capital expenditures of $10.1 billion in the first quarter, $7.7 billion of which was spent on AI.

Analysts do not expect SpaceX to turn a profit yet, but they want to know how much cash the company is burning and if revenue is on the upswing. The company has reported losses of about $4.3 billion in the first quarter and roughly $4.9 billion in 2025.

Market Impact

The earnings report could have a significant impact on the company’s stock price, which has been volatile since its initial public offering (IPO) two months ago. The stock closed at $114 on Monday, down almost 50% since its record high of $211 on June 16.

A lockup on up to 911.5 million SpaceX shares is set to expire on Thursday, which could add to the stock’s price volatility. The company’s weight in indexes like the Nasdaq 100 could also increase as more shares become publicly available.

Original reporting: KEYT (Ventura/Santa Barbara) — read the source article.