Elon Musk backs bullish case for SpaceX investors ahead of first earnings report

Aug 3, 2026 5:21 PMPublished Aug 3, 2026 5:21 PM

Elon Musk claims buying SpaceX at current levels is an "insane opportunity," yet the stock has already crashed 40% from its highs and sits well below its $135 IPO price. With Wall Street expecting a loss of $0.23 per share and a massive share unlock looming, the $1.75 trillion valuation looks increasingly disconnected from reality. Is Musk’s bullishness visionary, or is SpaceX just another overhyped bubble waiting to burst? Would you risk buying this dip?
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SpaceX heads into its first earnings report on Aug. 4 with shares down nearly 45% from their post-IPO peak.

www.thestreet.comElon Musk backs bullish case for SpaceX investors ahead of first earnings reportSpaceX heads into its first earnings report on Aug. 4 with shares down nearly 45% from their post-IPO peak.

Earnings Forecast •Bitcoin Treasury •Stock Performance •Hyperliquid •SpaceX IPO

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