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SpaceX reports its first ever earnings tonight in one of the most closely watched events since its IPO. Investors are focused not only on the results but also on the 911 million insider shares that become eligible for sale on August 6, creating potential selling pressure.
The stock is already 46% below its all time high, has lost $1.2 trillion in market value since its June IPO, and carries $24.6 billion in short positions, making it one of the most heavily shorted stocks in the market.
Key areas to watch include AI data center demand, Starship's progress toward reusable launches, and Starlink's long term growth strategy. Strong earnings could trigger a sharp rebound if buyers overwhelm short sellers, while disappointing results may add even more pressure to an already volatile stock.
The S&P 500 ( $AMZNB , $NVDAB , $AAPLB ) has officially crossed $70 trillion in total market value for the first time ever.
The 500 companies in the index are now collectively worth more than twice the size of the entire U.S. economy, highlighting just how dominant America's largest public companies have become.
๐จ Jeff Bezos Cashes Out After Amazon's ( $AMZN ) Massive Rally
$AMZNB is down 2% in pre market after Jeff Bezos filed to sell 15 million Amazon shares worth approximately $4.07 billion.
The filing came shortly after Amazon's market value surged past $3 trillion, fueled by a 20% post earnings rally.
It's worth noting that this isn't a surprise move, the share sale was pre planned and had already been disclosed in Amazon's February 2026 annual report.
โIn the next 6 to 12 months, we're going to implant the first vision devices. Even if you're 100% blind from birth, we're going to write directly to your visual cortexโฆ and you're going to see.โ
โAnd that's just the beginning. In the long term, you'll have ultra HD resolution and real superpowers, you'll see in infrared, ultraviolet, and even radar. Literally like a superhero.โ
The future is no longer science fiction. It's Neuralink ( $SPCX ).
๐จ Breaking: SpaceX reports its first ever earnings today, and all eyes are on $SPCXB . Wall Street expects the company to post $6.87 billion in revenue with an EPS loss of $0.25 per share.
On top of that, more than 911.5 million insider shares are set to unlock, making this one of the biggest events yet for the stock. Expect heightened volatility as investors react to both the earnings results and the massive share unlock.