Posteo

SpaceX delivered a strong Q2, with revenue climbing to $7.81B (+92% YoY) while its operating loss narrowed significantly from $970M to $143M. The NVIDIA partnership for the Starmind AI1 satellite computing payload also adds to the company's long-term technology narrative. In the near term, however, execution may take a back seat to supply dynamics. With up to 20% of restricted shares becoming eligible for sale on Aug. 6 and XSPCX trading roughly 3.6% lower at last check, the market could face additional selling pressure before fundamentals reassert themselves. The topic is currently ranked No. 2 on OKX Orbit. This is market commentary, not financial advice. #SpaceXBeatEstimates #OKXOrbitTopics #EarningsRealityCheck