SpaceX Earnings Under Scrutiny | Durham News

Durham News Today | 2 Min News | The Daily News Now! · Aug 3, 2026 · 2m

SpaceX’s second-quarter earnings report on August 4 could be a make-or-break moment for investors, as Wall Street eyes whether the company can justify its soaring valuation amid heavy spending and cash flow concerns. Despite the stock dipping below its IPO price of $135, Cantor Fitzgerald’s Colin Canfield remains bullish, citing a powerful “flywheel” effect where SpaceX’s rockets, Starlink, and AI operations fuel each other — echoing Tesla’s complex valuation puzzle. Key questions revolve around AI’s profitability, funding for massive capex, and Starlink’s growth, with scrutiny focused on AI…