SpaceX's first financial report will be released after its IPO, with the market focusing on the performance of its three major businesses: rockets, Starlink, and AI BlockBeats News: On August 3rd, SpaceX will release its first quarterly financial report after going public on Tuesday after the US stock market closes. As the company's first performance disclosure after its listing in June, the market will focus on evaluating its three major business performances of rocket launch, Starlink satellite Internet and AI infrastructure, and judge whether the current high valuation has performance support. After SpaceX went public, its stock price briefly hit a historical closing high of $201.80, but then continued to decline. Its market value was once close to $3 trillion, but has now dropped to about $1.4 trillion. FactSet data shows that the market expects SpaceX's second quarter revenue to be approximately $6.88 billion, with a loss of 23 cents per share, quarterly EBITDA of approximately $2.1 billion, and full year revenue of approximately $39 billion, with EBITDA of approximately $17.3 billion. AI business has become the biggest focus of this financial report. In February of this year, SpaceX acquired Musk's artificial intelligence company xAI through an all stock transaction and integrated related businesses into the company's system. Data shows that SpaceX's AI business revenue in the first quarter was approximately $818 million, but operating losses amounted to $2.5 billion, while investing $7.7 billion in capital expenditures for AI infrastructure and data center construction. Investors will pay attention to the commercialization progress of AI business and the revenue contribution brought by cooperation with companies such as Anthropic and Google. Starlink remains SpaceX's current core source of revenue. The company's first quarter data shows that the number of Starlink users reached 10.3 million, a significant year-on-year increase. The market will focus on the growth of corporate and government customers, single user income levels, and future satellite deployment plans. In addition, investors will also pay attention to the commercialization progress of Starship. Since the beginning of this year, SpaceX has completed approximately 90 Falcon 9 launches and completed its 13th Starship test flight in July, deploying 20 new generation V3 satellites. Currently, SpaceX operates over 9600 active satellites in low Earth orbit, and Musk plans to build a Starlink super constellation with up to 100000 satellites in the future. In addition to business data, the market is also concerned about the stock price pressure brought about by the lifting of internal shareholder restrictions. About 20% of the locked in shares will be eligible for sale from August 6th, and investors are concerned that early shareholder reductions may increase market supply. Currently, FactSet data shows that out of 37 analysts covering SpaceX, 28 have given buy or hold ratings, with an average target price of $236.72 per analyst. [Original link]