SpaceX's revenue exceeded expectations by 100 billion yuan and the wave of lifting the ban is approaching this week

On August 5, SpaceX announced Q2 revenue (US$7.8 billion), which exceeded Wall Street expectations (US$6.8 billion). The company had previously raised US$86 billion through the largest IPO in history. Since then, its share price has fallen sharply due to post-IPO fluctuations and the overall selling of the AI sector. It has evaporated more than US$1 trillion in market value from its peak, making Musk the world's first trillion-dollar billionaire. Status is also lost. Another factor adding to uncertainty for the company is the lifting of the ban on stocks with a market value of more than $100 billion later this week, which could put further downward pressure on stock prices. During the conference call, analysts are likely to press Musk for details on issues such as the company's huge AI spending, Starlink's Internet expansion plans, and how fast the starship can launch satellites and carry people.