WS #13477
SpaceX Q2 revenue surged 92% with $6B Starshield contracts, bullish for space infrastructure stocks (RKLB, RDW, PL, BKSY) but competitive risk for ASTS. Iran-Oman transit route agreed but Iran conditions reopening on US commitments, suggesting blockade may persist, supporting oil prices. US distillate exports hit record as domestic stockpiles fall, signaling global supply tightness and supporting refiners.
SpaceX Earnings Read-Through
SpaceX Q2 revenue surged 92% with $6B Starshield contracts, bullish for space infrastructure stocks (RKLB, RDW, PL, BKSY) but competitive risk for ASTS.
Iran-Oman transit route agreed but Iran conditions reopening on US commitments, suggesting blockade may persist, supporting oil prices.
US distillate exports hit record as domestic stockpiles fall, signaling global supply tightness and supporting refiners.