SpaceX's first public earnings arrive as losses outpace all of 2025 and a share lockup expiration looms.

Two weeks after Tesla's earnings report was panned by Wall Street, Elon Musk faces investors again, but this time to discuss SpaceX's results.

SpaceX’s earnings and a massive $100 billion share unlock hit at once, creating a high‑stakes moment for a stock already down 50% and bracing for fresh volatility.