#spacex将公布q2财报 After tomorrow’s market close, SPCX will deliver its first performance report since going public. You tell me the stock price has already been cut in half—I believe you. You tell me it still has to fall—I believe you too. But the average target price from these Wall Street analysts is $236, which is more than double where it is right now. Either they’re all collectively blind, or we’re witnessing history!
Do you know why the shorts are willing to bet $24.6 billion against it?
Because SpaceX is a money-burning monster on both ends! On one side, Starlink is making money—Q2 revenue is expected to be $3.82 billion, with operating profit of $1.42 billion. On the other side, AI and Starship are crazily burning cash—Q2 capital expenditures are expected to be $14.05 billion, and AI alone accounts for $10.2 billion. Two-sided hedging, so poor they’ve only got dreams left.
Starlink’s user base has already surged to 10.3 million, but ARPU has fallen 25%. User growth has been achieved by lowering prices. As for Starship, it just completed its first successful post-IPO test flight—20 V3 satellites went up, landing with a splash of “an unprecedented gentleness.” The technology is definitely improving, but it’s still missing the last breath before commercial operations.
What’s most deadly is August 6th!
1.9115 billion shares of restricted stock are set to be released. Right now, the float is only 5%. When those 900 million shares hit the market, it’s like opening the floodgates. Even though the first tranche triggered by the earnings report will only release 20%, that’s still enough to leave the market reeling.
So—are you saying I should be bullish or bearish? I think at this level, don’t bet on a direction. If tomorrow’s earnings data is good, it may already be “good news priced in.” If the data is bad, it’s just adding insult to injury. This company is currently being tugged at from both sides—technology and capital. Institutions are shouting “buy,” shorts are hammering it down, and retail investors are cutting losses. I’ll just watch and wait until it gets through this wave of the unlocking flood.
If you have faith, you can hold on—but don’t mistake this for a “buy in with your eyes closed” opportunity. SpaceX’s story is so seductive, and the things that are most seductive are often the most dangerous.
#SpaceXBIPOSPXTrades