After share price crash following IPO, SpaceX to report first earnings as a public company
The company will release its second quarter earnings on Tuesday, giving investors a look at its potential profit For the first time since SpaceX went
The company will release its second quarter earnings on Tuesday, giving investors a look at its potential profit For the first time since SpaceX went public, the world will get a first-hand look into the trillion-dollar corporation’s financials.
The Elon Musk run business will report its second quarter earnings on Tuesday, while nervous investors look to gain more insight into the rocket ship company’s potential for profit.
SpaceX had a blockbuster initial public offering in June with the largest-ever stock market debut in history. The IPO transformed SpaceX into a $2tn company and briefly crowned Musk the world’s first trillionaire.
But since then, the company’s stock has plummeted by 24%, erasing nearly $500bn in market cap. Continue reading...
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