WS #13431
SpaceX beat revenue expectations ($7.8B, +92% YoY) but posted a $541M loss and $18.4B capex; shares fell ~5% after-hours with a $100B+ lockup expiration on Aug 6 looming. AI stocks rally on strong earnings (PLTR +29.5%, ANET, ALAB, LSCC) and the collapse of the Situational Awareness hedge fund removed forced selling; Aschenbrenner sold 11.5M CORZ shares below the low.
SpaceX post-IPO earnings and lockup overhang
SpaceX beat revenue expectations ($7.8B, +92% YoY) but posted a $541M loss and $18.4B capex; shares fell ~5% after-hours with a $100B+ lockup expiration on Aug 6 looming.
AI stocks rally on strong earnings (PLTR +29.5%, ANET, ALAB, LSCC) and the collapse of the Situational Awareness hedge fund removed forced selling; Aschenbrenner sold 11.5M CORZ shares below the low.