This will be SpaceX's first quarterly results report since its high-profile IPO on June 12. The company's shares are currently trading around $111, down over 50% from their peak of $225.64, with Wall Street holding a consensus "buy" rating and an average 12-month price target of $293. Analysts will also closely watch cash flow (free cash flow was negative $9.1 billion last quarter), the AI division's profitability, Starlink's average revenue per user (ARPU), and Starship's operational developments.