SpaceX stock up 4%, AST SpaceMobile up 9%, Rocket Lab up 6% ahead of SpaceX's first earnings report
Investors are building positions ahead of SpaceX's first earnings report as a public company, driving SpaceX stock up 4% to $119, AST SpaceMobile up 9% to $69, and Rocket Lab up 6% to $74.34. This surge follows a brutal July sell-off for the space sector, during which SpaceX's stock fell 27% last month. SpaceX's IPO lock-up period is set to expire on Thursday, potentially releasing over 911 million shares (worth approximately $100 billion) into the market. Analysts anticipate SpaceX will report a net loss of about $1.9 billion for Q2 2026, with revenues approaching $6.9 billion, primarily driven by its Starlink business.
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