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SpaceX & $SPCX · Independent financial desk

The money behind the missions.

Daily coverage of SpaceX's flight program and its first days as a public company. Catalysts, filings, and launch economics. No hype, just the read.

Next catalyst · Q2 earnings, first report as a public company · Aug 4, 2026, after close
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Mission statusQ2 earnings reported today, first as a public company · Flight 14 confirmed as first orbital Starship mission, deploying Starlink V3
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Starbase, TX
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Live read from surface wind, gusts, and cloud cover — not SpaceX's official criteria. Real launch weather rules also cover lightning within range of the pad, thick or anvil cloud layers, upper-level wind shear, and vehicle temperature limits, none of which this feed can see.
Lockup timelineFirst tranche in 2 days · Aug 6
IPO Jun 12First tranche Aug 6Full expiry Dec 8
Full catalyst board → Lockup calendar →
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Desk wire

Headlines aggregated from outside sources — news wires and SEC filings — refreshed automatically. Tap through to read the full story at the original publisher.

Desk flash

SpaceX reported Q2 earnings today, its first as a public company. Musk said revenue could eventually reach $1 trillion, and confirmed Flight 14 as the first orbital Starship mission, deploying Starlink V3 satellites. The first insider tranche unlocks in two trading days, Aug 6, putting fresh results right alongside fresh supply.

Automated desk take

  1. Connecting to the wire…

On the desk

Nasdaq-100 inclusion

Index funds tracking the Nasdaq-100 were required to buy $SPCX. Analyst coverage began the same week.

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Jul 7, 2026

Q2 earnings, first report as a public company

First look at revenue, Starlink growth, and guidance. The first insider tranche unlocks two trading days after the report.

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Aug 4, 2026

First insider tranche unlocks

Two trading days after the Q2 report, the first block of early-investor and employee shares becomes free to sell.

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Aug 6, 2026

Lockup fully expires

180 days after the IPO, all remaining early-investor and employee shares can be sold.

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Dec 8, 2026

Earnings scorecard · Q2 2026

$7.8B
Revenue, +92% YoY
12M
Starlink subscribers, +1.7M net adds in Q2
$66
Starlink ARPU, holding steady
$100B
ARR target, company says on track by year end

Revenue beat expectations, but shares fell after hours on capex spend and profitability questions. Musk said there's a non-zero chance of $1 trillion in revenue by 2029.

Launch cadence

$SPCX since IPO

$226 $166 $107 IPO $135 ATH $225.64 Nasdaq-100 ATL $107.01 Earnings

Debuted at $135 on Jun 12, spiked to an all-time high of $225.64 four days later, then ground down to an all-time low of $107.01 on Jul 28 ahead of the first earnings report. Illustrative curve, hand-plotted from reported highs and lows, not a live feed.