Elon Musk’s rocket maker said its quarterly spending surged sixfold.

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

SpaceX delivered a quarter that beat expectations on paper, but not enough to put investors completely at ease.