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SpaceX braces for first earnings after steep post-IPO drop

Reported · Written up by our desk · Europe

Two weeks after Wall Street criticized Tesla's latest earnings, Elon Musk is set to face investors again, this time for SpaceX's first earnings report, CNBC notes.

The backdrop is SpaceX's steep plunge following its IPO, setting a more tense tone for how the company and its leadership will discuss results.

CNBC reports that the earnings event is expected to focus on SpaceX's performance and outlook rather than Tesla.

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Sources

CNBC MarketsSpaceX's post-IPO plunge sets tense backdrop for first earnings report
CNBC WorldSpaceX's post-IPO plunge sets tense backdrop for first earnings report
CNBC EarningsSpaceX's post-IPO plunge sets tense backdrop for first earnings report

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