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Prof G Markets · Thursday, July 16, 2026

SpaceX's Q2 Earnings Expected to be 'Glorious' Despite Valuation Concerns

Ed Elson anticipates SpaceX's upcoming quarterly report to be positive, citing good growth rates and potential revenue from rental agreements. However, he acknowledges that the company still faces scrutiny over its long-term AI profitability and overall valuation.

companySpaceXcompanyAntrophiccompanyGoogle

The tape

3 quotes
And and I'll say too, I expect a quarterly report to be, uh, glorious.
Ed Elson
You know, we have pretty good growth rates, uh, for even for 2026. Um, and and I think if they did it kind of according to the classical IPO playbook, um, they've got two quarters of numbers pretty much in the bag that they will be happy to share, right?
Ed Elson
And and I'm looking mostly at those those rental agreements with, um, uh, with Antrophic and Google and and the other one that are pretty, you know, nice chunks of revenue at low marginal cost.
Ed Elson
Heard on Prof G Markets — “SpaceX Is Down 40% — How Low Can It Go?, published Thursday, July 16, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.
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