Associated Press
• Bernard Conodn
SpaceX is set to report second-quarter results in its first earnings release since going public, offering investors an initial detailed view of its rocket, Starlink satellite-internet and AI businesses. The report comes after a sharp stock decline, while early backers face a potential windfall as selling restrictions ease.
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SpaceX is set to report second-quarter results in its first earnings release since going public, offering investors an initial detailed view of its rocket, Starlink satellite-internet and AI businesses. The report comes after a sharp stock decline, while early backers face a potential windfall as selling restrictions ease.
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The first full week of August features six missions on the global launch calendar, with activity spanning Asia and the United States. SpaceX accounts for three Falcon 9 flights—two Starlink missions and one deploying satellites for AST SpaceMobile—alongside multiple Chinese missions.
ETL Systems has acquired Amphinicy Technologies, a developer of software for satellite communications and Earth-observation markets. The deal is intended to help ETL address more complex ground-segment requirements and broaden its end-to-end offering; financial terms were not disclosed.
K2 has been selected to test satellite-to-satellite optical communications for the U.S. Space Force, a technology central to planned missile-warning and tracking networks. The capability is also expected to support the Trump administration’s Golden Dome missile-defense architecture.
Xona Space Systems has received federal approval to broadcast commercial navigation signals from a planned constellation of more than 250 satellites, removing a key regulatory hurdle as the startup prepares to begin deployment. The authorization advances Xona’s effort to develop a commercial space-based navigation network.
Hisdesat selected Airbus and Thales Alenia Space to build SpainSat NG-III, while Eutelsat and Poland advanced cooperation on Europe’s IRIS² secure communications program. Separately, SES agreed to support Starlab’s commercial space station and provide multi-orbit connectivity across LATAM Airlines’ Airbus and Embraer fleet.
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SpaceX heads into its first post-IPO earnings report as employee and insider lockups expire, creating a fresh test for its private-market valuation. Short interest has reached an estimated $23.6 billion, exceeding Tesla’s, while investor enthusiasm around Elon Musk’s companies faces renewed scrutiny.
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