SpaceX's first earnings report meets post-IPO plunge
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- SpaceX is preparing to release its first earnings report as a public company, drawing intense investor scrutiny across outlets
- SpaceX's stock has plunged since its IPO, setting a tense backdrop for the report, while the company's stock lockup period is simultaneously expiring
Why it matters: First earnings reports anchor valuations for newly public companies, and SpaceX's lands with the stock already underwater post-IPO and insider lockups about to lapse — opening the door for employees and early backers to sell into any disappointment in the numbers.
