SpaceX reported a strong 90% increase in revenue but remains unprofitable after its IPO. Its Connectivity segment is profitable and growing, while the Space and AI divisions continue to lose significant money despite rapid AI revenue growth. The company's cash burn accelerated to $16 billion in Q2, raising concerns about liquidity, with current cash reserves potentially lasting only six quarters at this rate. Given its $1.5 trillion market cap and high cash burn, the stock is viewed as overvalued and may require additional equity issuance.
Stack Capital Group Inc. reported a 22% increase in Book Value per Share to $20.25 for Q2 2026, driven largely by SpaceX's record $75 billion IPO and strong performances from portfolio companies like Fluidstack and X-Energy. The company also invested...
SpaceX reported $23 billion in trailing twelve months revenue, up 19% quarter-over-quarter, but remains deeply cashflow negative with a $32.3 billion operating cashflow deficit after capital expenditures. The company holds $60.6 billion in net cash a...
SpaceX has committed to using Nvidia GPUs exclusively, a move welcomed by investors with Nvidia's stock rising 1.8% pre-market on August 5. While this partnership is seen as a positive catalyst for Nvidia, the full financial impact is expected to be ...
AMD shares fell 8.8% in after-hours trading despite beating revenue and EPS expectations with $11.54 billion in sales and $1.66 EPS. The company also forecasted $13 billion in the next quarter, above estimates, and expects data center sales to double...
SpaceX reported better-than-expected Q2 revenue of $7.8 billion and adjusted EBITDA of $3.5 billion, with a smaller net loss than forecasted. However, shares fell 7.5% after hours due to concerns over $18.4 billion in capital spending, mainly on its ...
