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SpaceX’s Public Test Under Fire | Tulsa News
SpaceX’s first earnings call as a public company is set to be a high-stakes test, with investors already watching the stock plummet 40% since its June IPO peak—fueling fears Musk overhyped the future. The company’s bleeding cash, posting losses in H1 that could exceed last year’s $5B total, with Q2 alone expected to sink another $1.9B. This Thursday, insiders can finally sell over 900K shares—more than double current supply—adding pressure to a stock now trading at $114.46. Meanwhile, Starship finally succeeded in orbiting satellites after a failed launch, with plans to use robotic arms to…
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