SpaceX's First Earnings Call Reveals $101 Billion Valuation, Pressuring Shares
SpaceX held its first earnings call, revealing a $101 billion valuation that is now putting pressure on its shares. Elon Musk's comments during the call have particularly spooked investors, leading to concerns about the company's financial outlook.
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Read full article →Elon Musk's 5 most noteworthy comments during SpaceX's first earnings call
Elon Musk is the CEO of SpaceX. Fabrice Coffrini / AFP via Getty Images Elon Musk was full of bold predictions for SpaceX's future on the company's first earnings call. Musk predicted annual revenue would hit $1 trillion by 2030, a year earlier than previously expected. He also joked about the ease of building data centers compared to rockets and predicted Moon factories. Elon Musk issued a jaw-dropping revenue forecast, ridiculed the ease of building data centers compared to rockets, and e...
Read full article →This SpaceX number is spooking already skittish investors
Read full article →SpaceX’s $101 Billion Unlock Heaps Pressure on Battered Shares
Investors hanging onto SpaceX shares after a plunge below their IPO price are bracing for the next potential hit, when $101 billion worth of stock becomes available for trading on Thursday.
By Bailey Lipschultz
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