SpaceX’s second-quarter earnings drop on August 4 could be a make-or-break moment for its stock, as a massive chunk of insider shares—up to a fifth of the IPO stash—becomes eligible for sale, potentially triggering selling pressure even if earnings look solid. With projected revenue of $6.87 billion and a loss of $0.28 per share, the company’s turnaround is being closely watched, especially as Starlink’s profitability becomes the real talking point. The stock, trading around $123.50, hasn’t yet hit the $135 IPO price threshold needed to unlock an additional 10% of insider shares, making this earnings report a high-stakes test of investor confidence and market momentum.
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