SpaceX stock price fell by $120 and fell seven consecutive trading days. Two recent launch missions have been blocked, raising the market ' s concerns about the pace of its launch and the speed of advance of its priority projects. At the same time, investors are awaiting the first post-market financial report expected by the company in August.
Two missions have been frustrated.
Before the latest round of sales, there was a launch adjustment for SpaceX successively. The Falcon 9 mission that was scheduled to take place at the Vandenberg Air Force Base in California was cancelled, and the mission was planned to put 24 satellites in orbit.
Last Thursday, SpaceX also suspended a Starship test flight. As Starship is one of the company ' s most important R & D projects, the suspension further magnifies market concerns about the project ' s progress.
Starship or try again this week.
As currently scheduled, SpaceX is expected to try Starship again this Thursday. Market concerns are not only about successful lift-off, but also about whether companies can then restore a more stable test rhythm.
For SpaceX, the advance of Starship is related to its long-term growth expectations. If the tests continue to be repeated, investors ' judgements about the R & D cycle, cost inputs and commercialization schedules may be affected.
August is the next observation point.
In addition to the launch progress, investors are waiting for SpaceX's first post-market financial report. It was mentioned that the financial statement was expected to be released in August, but the exact date had not yet been confirmed.
- Corporate income and expenditure
- Change in launch operational activity
- Adjustment of subsequent growth expectations
It may also be an important window to judge the nature of the fall in recent stock prices. If operating data are robust, the market may view the fall as a phase-back; valuation pressure may continue to exist if performance or guidance is weak.