SpaceX set to release its first earnings report as a public company. Here's what to look for.

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August 3, 2026 / 1:23 PM EDT

/ CBS News

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SpaceX is set to issue its first earnings report as a public company on Tuesday, offering a detailed look at how the rocket, satellite and AI provider is faring after its ballyhooed initial public offering in June. SpaceX shares have sputtered after initially soaring following the transaction, the largest IPO in U.S. history. The company's stock price hovered around $110 on Monday, roughly 19% below the $135 per share offer price and 51% below the intraday high of $225.64 on June 16.SpaceX is scheduled to release its financial results on Tuesday after financial markets close, followed by a call with market analysts."Wall Street analysts will focus on the hard numbers, but retail investors will be influenced by some of the sound bites" during the earnings call, Jay Ritter, an IPO expert and professor at the University of Florida's Warrington College of Business, told CBS News in an email.Here are three things to watch for when SpaceX releases its first earnings report. Is revenue growth strong?Investors will look at the pace of SpaceX's revenue growth. The company booked $18.7 billion in revenue last year, but suffered a net loss of more than $4.9 billion, according to a regulatory filing. Melissa Otto, head of Visible Alpha research at S&P Global, expects the company to report $6.9 billion in revenue in the second quarter, driven by its Starlink broadband satellite network. Gains from the connectivity business will help offset operating losses in the company's space exploration and AI segments, she said in an analysis.