#SpaceXBeatEstimates

This earnings season is sending a clear message: beating estimates is no longer enough. SpaceX reported its first quarterly results as a public company, with Q2 revenue up 92% YoY to $7.81B and its operating loss narrowing from $970M a year earlier to $143M. Starlink subscribers doubled to 12M, helping connectivity revenue rise 66%. But AI infrastructure capex reached $15.8B, up from $749M a year ago. SpaceX said NVIDIA hardware will power Starmind AI1, while Musk said its broader AI infrastructure would be built exclusively on NVIDIA chips. The stock gave back gains after hours. Next comes a supply test: 911.5M shares, about 12% of shares outstanding and more than the current public float, become eligible for sale on Aug 6. AMD told a similar story. Q2 revenue reached $11.54B, up 50% YoY, while adjusted EPS came in at $1.66. Data Center revenue jumped 107% to $6.7B, or 58% of sales, and Q3 revenue guidance of about $13B topped consensus. Shares still fell more than 8% after hours as investors questioned whether the growth rate and roughly 56% non-GAAP gross margin could justify the valuation as Helios begins to ramp. Three themes are driving the reaction: · Growth quality: Is AI demand converting into durable profits? · Capital intensity: How much spending is required to sustain that growth? · Expectations: How much good news was already priced in? SpaceX's NVIDIA decision also highlights the competitive backdrop facing AMD. It does not weaken AMD's reported Data Center growth, but it shows how fiercely major AI infrastructure contracts are contested. The earnings bar has moved. The question is no longer whether companies can beat estimates, but whether their results can outrun expectations. For crypto users, tokenized equities are bringing these earnings-driven moves closer to on-chain markets. What matters most in this phase of the AI cycle: faster growth, stronger margins, or clearer returns on capex? #EarningsRealityCheck #SpaceXBeatEstimates #AMDBeatsButDrops

Hook: SpaceX just beat Wall Street's expectations—so why did investors hit the sell button? Because in today's market, making money isn't enough anymore. Investors are asking a different question: "How much cash are you burning to keep the dream alive?" SpaceX's latest earnings actually looked impressive: ✅ Revenue reached $7.81 billion, beating expectations by 13%. ✅ Loss per share came in at $0.09, much better than the expected $0.26 loss. ✅ Starlink's operating margin climbed to 38.6%, proving the business can generate real profits. But beneath those headline numbers, investors found something more worrying: ⚠️ Capital spending surged to $18.37 billion, more than 40% above expectations. ⚠️ Free cash flow for the first half of the year was negative $25 billion. ⚠️ The AI segment generated $2.56 billion in revenue while consuming $15.83 billion in investment. In other words, SpaceX isn't just growing fast—it's spending even faster. And there's another problem: on August 6, 911.5 million shares will become eligible for sale, equal to 141% of the current public float. Not all of those shares will hit the market, but even a small wave of selling could create serious short-term pressure. That's the dilemma investors are facing right now: • The business is improving, but cash flow remains weak. • Revenue is beating expectations, but spending is growing even faster. • The earnings surprise hasn't been fully absorbed, and the unlock event is already around the corner. The market used to buy anything labeled "AI," "high growth," or "Musk." Now, investors are pulling out their calculators. Because stories can keep investors excited for years—but selling pressure arrives overnight. #DailyOrbit

🚨 The Next Big $SPCX Opportunity May Come After the Lock-Up, Not Before Most investors are focused on the stock's sharp decline. The more important question is what happens after the first major lock-up expires on August 6, when a large number of previously restricted shares become eligible for sale. Lock-up expirations often create short-term selling pressure as early investors gain liquidity. While that can weigh on price, it can also create opportunities if the company's long-term fundamentals remain intact. A historical example is $PLTR : • IPO at $10 • Rallied to $39 • Sold off after the lock-up expiration as insiders took profits • Bottomed near $6 before institutional accumulation • Eventually rallied to new highs Could $SPCX follow a similar path? It's far too early to know—but the upcoming lock-up will be an important event to watch. Current milestones: • IPO: June 12 • Early high: $225 • Recent price: Around $111 • First major lock-up: August 6 For me, the key question is whether the $110–115 area can hold once any lock-up-related selling pressure is absorbed. If buyers successfully defend that zone and fundamentals remain strong, it could lay the groundwork for a stronger recovery over time. The focus isn't on chasing headlines—it's on waiting for price action and market structure to confirm the opportunity. This is market commentary, not financial advice. Always do your own research. #EarningsRealityCheck #SpaceXBeatEstimates #AMDBeatsButDrops

$XSPCX rose on the day of the lock-up expiration, and no one fled Today, the first batch of SpaceX restricted shares were unlocked, with 911.5 million shares available for sale. However, the stock price actually rose 3% to $111, with no sign of the feared stampede selling. On the day the earnings report was released, the stock actually fell 8% after hours. Q2 revenue was $7.8 billion, up 92% year-over-year, nearly $1 billion higher than the market expectation of $6.9 billion. Net loss narrowed from $1 billion to $540 million. Starlink users doubled to 12 million, and AI revenue reached $2.56 billion. The main selling pressure came from capital expenditures. The company invested $18.4 billion in the quarter, including $15.8 billion into AI infrastructure, significantly higher than Wall Street’s expected $13 billion. Musk said on the call that these AI computing deployments will pay off within a year and predicted revenue would reach $1 trillion by 2030. Before the lock-up expiration, the market’s biggest concern was that with over 900 million shares becoming available, many would sell. But the stock rose today, indicating the market absorbed the lock-up pressure, suggesting those who wanted to sell likely already did, and the remaining holders are not eager to leave. Deutsche Bank maintained a $255 price target, saying the current valuation essentially prices AI business at near zero, which is overly punitive. Now all eyes are on the upcoming lock-up expirations: over 300 million shares on August 20, and about 700 million shares each in September and October. #SpaceXBeatEstimates #UniswapLaunchpadBet #FedHawksVsWeakJobs $BTC $XSNDK $XSNDK

Is SpaceX safe just because it rose 6%? Last night, $SPCX surged from around $105 to $116, finally closing at $114.53, up nearly 6%. This bullish candle is strong, but I think it's still too early to call it a reversal. Tonight is SpaceX's first quarterly report since going public, but the real challenge lies ahead: on August 6, up to 911.5 million old shares will become eligible for sale. Based on the current stock price, this corresponds to a market value of about $104.4 billion. To be clear, the unlocking is not a new issuance, nor does it mean these shares will definitely be sold. It won't increase the total share capital out of thin air; what changes is the supply of tradable shares in the market. Currently, SpaceX's float is about 640 million shares, and the shares to be unlocked exceed the current float. If all enter the market, the tradable supply could theoretically increase by about 142%. This is the biggest pressure after the earnings report. SpaceX's financials are interesting. In 2025, revenue is $18.674 billion, up 33.2% year-over-year; adjusted EBITDA reached $6.584 billion, and operating cash flow was $6.785 billion. Looking at these alone, it doesn't seem like a poorly performing company. But on the other hand, the net loss for the year was $4.937 billion. Adding up the data disclosed by the three business segments, capital expenditures in 2025 have already exceeded $20.7 billion. The money is mainly burned on Starship, the Starlink satellite network, and AI data centers. Among them, the connectivity business where Starlink operates is actually quite profitable: annual revenue of $11.387 billion, operating profit of $4.423 billion. The real drag is the AI business, with an operating loss of $6.355 billion in 2025. So tonight, don't just focus on whether revenue beats expectations. More importantly, watch whether Starlink's profits can continue to grow, whether the burn rate of AI and Starship slows down, and whether management What do you think? $SPCX #财报观察员：AMD与SpaceX交卷在即，Circle压轴 #dailyorbit#ISMBeatYieldsFall #KoreaETFVolDown90

🚨SPACEX STILL HOLDS 18,712 BITCOIN! SpaceX confirmed in its first public Q2 earnings that it continues to hold the full 18,712 $BTC on its balance sheet, no sales since the IPO disclosure. The position, originally acquired for about $661 million, remains intact and is valued at roughly $1.1-1.2 billion.

SpaceX’s Q2 revenue reached $7.81B, up 92% YoY, while its operating loss narrowed from $970M to $143M. The NVIDIA partnership for the Starmind AI1 satellite computing payload also strengthens the long-term technology case. Still, the beat matters less near term than the supply and capital-intensity tests ahead. With up to 20% of restricted shares eligible for sale on Aug 6 and XSPCX down about 3.6% when checked, the market may need to absorb fresh supply before fundamentals regain control. The topic is currently ranked No. 2 trending on OKX Orbit. This is market commentary, not financial advice. #SpaceXBeatEstimates #OKXOrbit

SpaceX Beats Expectations in Its First-Ever Earnings Report SpaceX delivered a strong Q2 performance, reporting $7.8B in revenue, well above the $6.81B market expectation. Meanwhile, Starlink reached an impressive 12 million subscribers, highlighting continued growth across the company's ecosystem. However, attention is now shifting to August 6, when 911 million insider shares become eligible for sale. With approximately 34% of the float currently sold short, the upcoming unlock could significantly increase market volatility The next few trading sessions will be closely watched as participants assess how the share unlock impacts price action and overall market sentiment #DailyOrbit #OKXOrbitTopics #BigTechEarningsWatch

$ASTS - Clear Street's Note from yesterday values Starlink at $1.3T based on a 20x EV/EBITDA 2030E estimate of $64.8B Bloomberg estimates AST SpaceMobile hitting close to $3B in EBITDA by 2030. Slap a 20x multiple and you get a $60B valuation. That's $155/share We are not bullish enough!

#SpaceXBeatEstimates Beating expectations is always a positive signal, especially for a company's first earnings report as a public company. 📈 The revenue growth and much smaller operating losses definitely show strong execution. That said, I don't think the market will only focus on the headline numbers. Heavy investment in AI infrastructure could pay off in the long run, but it's also putting pressure on short-term profitability. On top of that, the upcoming lock-up expiration could bring extra selling pressure, even if the business fundamentals remain strong. Personally, I think the next few weeks will be more about market sentiment than earnings themselves. If the company continues delivering solid results and proves those AI investments can generate real value, the long-term story still looks compelling. It'll be interesting to see how investors balance short-term risks with long-term potential. 🚀📊