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What we know

What we know: Musk likely to face tough questions during SpaceX's first earnings call as a public company

Compiled Aug 4

What we know

  • Investors in SpaceX get to question Musk on Tuesday after the company's first quarterly earnings since going public
  • SpaceX shares are down by half from their June peak
  • Shares jumped 19% on their first day of trading, making Musk the first-ever trillionaire
  • Musk's wealth has fallen to $726 billion, according to Forbes
  • SpaceX is expected to report a Q2 net loss of $1.9 billion, or 23 cents a share
  • The Starship rocket successfully deployed satellites in space during a test late last month
  • More than 900 million shares will be released for trading Thursday when the lockup provision eases

What we don’t know yet

  • Neither SpaceX nor Tesla has confirmed plans for a merger between the two companies
  • Musk has previously avoided merger questions, citing securities regulations barring him from discussing the issue
  • When Musk expects to finish testing the Starship rockets is not stated

Open questions

  • Will SpaceX and Tesla actually merge?
  • When will Starship testing be completed for NASA's moon missions?
  • Will SpaceX return to profitability later this year as some analysts predict?
  • How will the share price react once the lockup shares become tradable?

Drawn from the Associated Press report. “What we don’t know” lists only what the reporting itself flags as unresolved.

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