watch nowSpaceX reports fiscal second-quarter results after the bell on Tuesday, the company's debut earnings report following its record IPO in June. Here's what analysts are expecting, according to LSEG.Revenue: $6.93 billionEarnings per share: Loss of 26 centsThe company's reported earnings — or loss — per share may not be comparable to the consensus of analysts' estimates, as initial reports often contain unpredictable adjustments. It's the first time for Elon Musk's reusable rocket maker to face Wall Street in this capacity, and investors are jittery. Since opening at $150 on June 12, SpaceX's stock has dropped by 24%, wiping out close to $500 billion in market cap. The shares are almost 50% blow their intraday peak reached on June 16.SpaceX lost $4.9 billion last year, largely due to hefty investments in artificial intelligence infrastructure. The company merged with Musk's xAI in February, saying at the time that the vision was to build data centers in space. But even the launch business, which counts on large contracts from NASA, is losing money. Most of SpaceX's revenue for the year, and its only source of profit, came from its connectivity segment, which consists of its Starlink satellite internet service. Starlink is sold directly to consumers, as well as to government and military agencies. Here's what analysts expect in terms of revenue from SpaceX's three segments, according to StreetAccount:Space: $835 millionConnectivity: $3.83 billionAI: $2.18 billionSpaceX's conference call to discuss results is scheduled to begin at 4:30 p.m. ET. CNBC's reporters are covering SpaceX earnings from bureaus in San Francisco and Englewood Cliffs, New Jersey.7 Min AgoThe rare 'sell' rating Analysts at Phillip Capital took the rare step of recommending investors sell SpaceX shares. In a report on Friday, the firm set its price target for the stock at $75, which would be a drop of about 35% from Monday's closing price. Of the more than three dozen analyst estimates on SpaceX tracked by FactSet, Phillip becomes just the second firm to rate the stock a sell. The other such rating was from Morningstar. Phillip analysts cited the company's big losses and negative cash flows expected until at least 2030. — Ari Levy22 Min AgoStarlink profitability and subscriber adds in focuswatch nowThe slice of the SpaceX investor base most focused on fundamentals will be paying close attention to Starlink, which provides global high-speed internet coverage using a constellation of more than 10,200 satellites in low Earth orbit.In its prospectus in June, SpaceX said the connectivity unit generated $11.39 billion in revenue in 2025, accounting for 61% of total sales. It was SpaceX's only profitable business last year, generating income of $4.42 billion.Also in June, the company raised prices for Starlink subscribers, initiating a $10 "monthly kit fee" to rent its terminals after also increasing rates for different subscription levels. SpaceX said in a post on X early that month that its Starlink subscriber count had surpassed 12 million.Tim Farrar, a satellite services industry expert and president of TMF Associates, told CNBC that investors should watch for Starlink subscriber net adds and changes in average revenue per user.— Lora Kolodny