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SpaceX’s Q2 revenue reached $7.81B, up 92% YoY, while its operating loss narrowed from $970M to $143M. The NVIDIA partnership for the Starmind AI1 satellite computing payload also strengthens the long-term technology case.
Still, the beat matters less near term than the supply and capital-intensity tests ahead. With up to 20% of restricted shares eligible for sale on Aug 6 and XSPCX down about 3.6% when checked, the market may need to absorb fresh supply before fundamentals regain control. The topic is currently ranked No. 2 trending on OKX Orbit.
This is market commentary, not financial advice.
#SpaceXBeatEstimates #OKXOrbit
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