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Wall Street AI boom faces reality check as SpaceX earnings and US jobs data arrive
in5points
SpaceX will report its first earnings as a public company on Tuesday, Aug 4, 2026.
SpaceX shares have fallen nearly 30% from their $150 IPO price and about 50% from their all-time high of $225.64.
SpaceX's lockup period expires on August 6, with up to 20% of shares potentially becoming available for sale.
The US jobs report for July will be released on Friday, Aug 7, 2026.
Investors are questioning whether AI spending by companies like SpaceX will generate sufficient returns.
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