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SpaceX’s Rollercoaster Earnings Update | Miami News
Published 2 weeks, 4 days ago
Description
SpaceX’s first public earnings report since going IPO is a rollercoaster: stock down 50% from its June peak, insiders poised to sell millions of shares, and net losses expected to exceed last year’s $5B. But amid the turbulence, Starship’s successful test, booming Starlink contracts, and AI ambitions with Grok and X keep momentum alive — analysts even predict a turnaround by year-end.
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