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Musk likely to face tough questions during SpaceX's first earnings call as a public company
Compiled Aug 4
What happened
Investors in SpaceX get to question Musk on Tuesday after the company's first quarterly earnings since going public
The detail
SpaceX shares are down by half from their June peak
The detail
Shares jumped 19% on their first day of trading, making Musk the first-ever trillionaire
The detail
Musk's wealth has fallen to $726 billion, according to Forbes
How it unfolded
June: SpaceX shares jumped 19% on first day of trading, hit peak of $225, and Musk became first-ever trillionaire · Late last month: Starship rocket test successfully deployed satellites in space · Monday: SpaceX shares closed at $114.46 · Tuesday: SpaceX earnings call where investors can question Musk · Thursday: Lockup provision eases, releasing more than 900 million shares for trading
By the numbers
19% first-day share jump · $726 billion Musk's wealth · $1.9 billion expected Q2 net loss · 900 million+ shares released from lockup · $114.46 Monday closing share price
Still unresolved
Neither SpaceX nor Tesla has confirmed plans for a merger between the two companies