WSJ Tech News Briefing · Tuesday, August 4, 2026
SpaceX is scheduled to release its first quarterly earnings report as a public company today, August 4th, following its IPO in June. Despite initial excitement and a record IPO, the company's stock price has seen a substantial drop, losing over $1 trillion from its peak.
“SpaceX is set to announce its quarterly results this afternoon, the first time it's reported since going public in June.”
“So SpaceX had its big IPO in June and it brought in a lot of new retail investors.”
“As of Monday, SpaceX had lost over $1 trillion from the peak of where it was trading after the IPO.”