SpaceX

SpaceX's stock market debut raised about $86 billion and made the first half of 2026 — with global issuance totaling roughly $186.8 billion — a record period. Despite the spectacular start, prices fell back from their peak and now trade at roughly IPO levels. Overall, the year has been shaped by a few mega-IPOs, while the number of listings declined and many smaller candidates held back. » Więcej na finanzen.net

David Einhorn says SpaceX's $1.75 trillion IPO valuation is far too high and questions Moody's investment-grade view given the company is expected to report negative free cash flow for years. He warns that cheap bond financing or a ratings downgrade, rising interest rates, or equity-funded capital needs could severely hurt shareholders through higher costs or dilution. Einhorn calls the IPO a potential marker of excessive speculation and urges investors to demand a wider margin of safety. » Więcej na finance.yahoo.com

CFO Bret Johnsen announced a compute contract that, from Dec. 1, is expected to contribute about $1.11 billion monthly, or roughly $13 billion annualized, to revenue and bring SpaceX closer to its $100 billion annualized target by the end of 2026. Q2 figures show strong growth: group revenue rose to $7.81 billion; Starlink remains the only profitable segment, while the AI segment is posting losses. Many compute contracts can be canceled on short notice, making the revenue growth less sustainable; crucial will be contract renewals, new large orders and the profitability of the AI business. » Więcej na finanzen.net