Story perspectives
Short Sellers Pocket $8B as SpaceX Forecasts $1.9B Loss
8/4/2026
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Story summary
- SpaceX opened an online Q&A ahead of its first earnings call on Tuesday, August 4, 2026.
- The company's shares closed Monday at $114.46, below the $135 IPO price.
- FactSet projects a Q2 net loss of $1.9 billion and revenue of $6.9 billion, driven by Starlink.
- Short sellers have earned over $8 billion betting against SpaceX, according to Jay Ritter.
- AI revenue reached $818 million in early 2026, prompting analysts to monitor its quarterly growth.
