🚀 SPCX: the space story is huge—but so is the execution bill
SpaceX closed at $147.96, up 1.32% in its latest session. Its latest reported quarter brought in $7.8B in revenue, but the company still recorded a $541M net loss as capital spending surged. Traders are watching for its next earnings update.
My lean: cautiously BEARISH near term. Starlink and launch demand give SpaceX a powerful growth story, but investors need to see that heavy spending can turn into durable profits. Is the market buying the future—or paying too much for it today?
#SPCX #SpaceX #Stocks
SpaceX closed at $147.96, up 1.32% in its latest session. Its latest reported quarter brought in $7.8B in revenue, but the company still recorded a $541M net loss as capital spending surged. Traders are watching for its next earnings update.
My lean: cautiously BEARISH near term. Starlink and launch demand give SpaceX a powerful growth story, but investors need to see that heavy spending can turn into durable profits. Is the market buying the future—or paying too much for it today?
#SPCX #SpaceX #Stocks