Should You Buy SpaceX Stock Before Aug. 4?

SpaceX earnings are the key near-term catalyst discussed ahead of Aug. 4, following the company’s public debut on June 12. Shares peaked at $225.64 but have since fallen 45%, leaving investors who bought at the $135 IPO price underwater. Space Exploration Technologies (NASDAQ: SPCX) is scheduled to release second-quarter 2026 operating results for the period ended June 30 on Aug. 4, along with a conference call featuring CEO Elon Musk. The update is expected to cover space transportation, satellite connectivity via Starlink, and AI infrastructure. In the first quarter ended March 31, SpaceX reported $4.7 billion in total revenue, with connectivity the largest driver, supported by 9,600+ Starlink satellites and service for 10.3 million paying customers. Analyst expectations cited by the article project about $6.87 billion revenue for the second quarter. AI growth is linked to xAI acquisition and multiple large capacity rental deals, including $1.25 billion per month to Anthropic, $920 million per month to Alphabet, and $150 million per month to Reflection AI.