Latest SpaceX News and Insights | Yellow

SpaceX insiders won the right to sell 911.5 million shares worth roughly $100 billion on Thursday, more than doubling the float of Elon Musk's newly public company. Key Points: Up to 911.5 million shares became eligible for sale, lifting the freely tradable portion of the company to 11.8% of shares

Elon Musk told analysts that SpaceX now expects $1 trillion in annual revenue by 2030, a year earlier than the target it set before its June listing. Key Points: Musk moved the internal $1 trillion revenue milestone from 2031 to 2030 and called 2029 a possibility. Second quarter revenue reached $7.8

SpaceX posted $7.81 billion in second quarter revenue and beat Wall Street estimates, yet the stock slid about 8% after capital spending reached $18.37 billion. Key Points: Revenue rose 92% from a year earlier, while the quarterly net loss narrowed to $541 million. Capital expenditures jumped more t

SpaceX posts its first earnings as a public company Tuesday, with analysts expecting $10.2 billion of AI capital spending in the quarter against $1.42 billion in Starlink profit. Key Points: SpaceX reports second-quarter results after Tuesday's close, its first disclosure since the June listing. Ana

Elon Musk's fortune has slid to $684 billion from a peak of $1.33 trillion last month, leaving him poorer than before SpaceX's record public listing. Key Points: Musk's wealth peaked near $1.33 trillion on Jun. 16 and now stands at $684 billion. SpaceX shares have fallen 46% from their closing high