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BUSINESSAug 4 · 12:47 UTCFORTUNEBernard Condon, The Associated Press

SpaceX stock has lost half its value. Time for Elon Musk to face investors

SpaceX stock has lost half its value since June, prompting investor concerns over Elon Musk's future plans and financial performance. The company faces its first quarterly earnings report since going public, with expected second-quarter losses of $1.9 billion and insider share sales set to increase after a lockup period expires. Musk may address delays in Starship rocket testing, Starlink's growth, and unconfirmed merger rumors with Tesla.

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SpaceX stock has lost half its value. Time for Elon Musk to face investors · The Nexus