SpaceX stock falls 8% as first earnings beat is overshadowed by $18B capex

Shares in Space Exploration Technologies Corp. fell more than 8% in late trading today after the newly public company beat Wall Street on revenue and earnings in its second quarter and disclosed capital spending billions of dollars above what analysts had modeled. It was SpaceX’s first quarterly report since its June initial public offering, the […] The post SpaceX stock falls 8% as first earnings beat is overshadowed by $18B capex appeared first on SiliconANGLE.