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SpaceX stock falls 8% as first earnings beat is overshadowed by $18B capex

  • Duncan Riley--SiliconANGLE News
  • published date: 2026-08-04 22:36:16 UTC

Shares in Space Exploration Technologies Corp. fell more than 8% in late trading today after the newly public company beat Wall Street on revenue and earnings in its second quarter and disclosed capital spending billions of dollars above what analysts had mod…

Shares in Space Exploration Technologies Corp. fell more than 8% in late trading today after the newly public company beat Wall Street on revenue and earnings in its second quarter and disclosed capi… [+6093 chars]