-+ 0.00%
-+ 0.00%
-+ 0.00%
The Zhitong Finance App learned that after the US stock market on August 4, SpaceX (SPCX.US) handed over its first quarterly report since listing. Despite a sharp doubling of revenue in the second quarter and strong guidance from management to hit 100 billion US dollars of ARR at the end of the year, the company's stock price dived more than 9% after the market. Wall Street is re-evaluating the risks and rewards of this new “connection+computing power” infrastructure giant amid the combination of explosive performance and surging capital expenditure.
Share
Listen to the news
The Zhitong Finance App learned that after the US stock market on August 4, SpaceX (SPCX.US) handed over its first quarterly report since listing. Despite a sharp doubling of revenue in the second quarter and strong guidance from management to hit 100 billion US dollars of ARR at the end of the year, the company's stock price dived more than 9% after the market. Wall Street is re-evaluating the risks and rewards of this new “connection+computing power” infrastructure giant amid the combination of explosive performance and surging capital expenditure.
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending