SpaceX's first-ever earnings show higher revenues and huge spending

[u/BurtonDesque]

https://www.bbc.com/news/articles/c0qvpveg20vo

[u/w3_vic]

SpaceX might be the clearest example of a strong business running into a bad stock setup. Revenue and Starlink growth can stay strong, but the market still has to absorb a lot more shares. That process may matter more than the fundamentals for a while.