Investors in Elon Musk’s space company, SpaceX, had the opportunity to question him on Tuesday, August 4th, 2026, during the company’s first quarterly earnings call since its initial public offering (IPO).

SpaceX shares have dropped by half from their June peak as investors express concerns that Musk may have overstated the company’s future prospects. The company is also preparing for potentially volatile trading as insiders are allowed to sell shares after the expiration of a lockup provision later in the week.

Musk was expected to address questions about the timeline for completing tests on SpaceX’s giant Starship rockets, which NASA plans to use for future moon missions, as well as the company’s satellite network and ambitions to deploy large datacenters in orbit.

Rumors about a possible merger between SpaceX and Musk’s Tesla car company have circulated, but neither company has confirmed any plans. Musk has previously declined to discuss the matter, citing securities regulations.

Financially, SpaceX is experiencing rapid losses. The company’s net losses for the first half of 2026 are expected to exceed $5 billion, surpassing the total losses for all of 2025. For the second quarter ended in June, analysts surveyed by FactSet anticipate a net loss of $1.9 billion, or 23 cents per share.

Insiders were barred from selling shares during the June IPO, but starting Thursday, August 6th, more than 900,000 shares will be released for trading, more than doubling the amount currently available on the market.

Sources