Market Notes

SpaceX's Moment of Truth: Can the Biggest IPO Ever Justify a $1.4 Trillion Tag Tonight?

· 4 min read · by Daniel Pierce, Nova Ventures Research

SpaceX reports its first-ever earnings as a public company after tonight's close, with SPCX down more than 45% from its June all-time high. Starlink's subscriber and margin trajectory — not the GAAP loss — will decide whether the record-setting IPO was priced right.

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