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$SPCX -5.29% — what the base rate says

$SPCX -5.29% — what the base rate says

Adjusted EPS of $0.45 against estimates of $0.13. Revenue of $14.58B against $12.72B. $SPCX is -5.29% at lunch.

The beat is real, and it's already printed. Almost everything else in today's SpaceX coverage is forward-looking: Musk's call for a $1 trillion annual revenue run rate by year-end 2027, and his disclosure that special committees are exploring a potential merger with Tesla.

Exploring is not agreed. A run-rate target is not revenue. None of today's articles explains why shares are lower, and filling that gap with a guess is how a story gets bought at a price set by someone else.

The committees have not reported anything. Until they do, the merger is a sentence, not a transaction.

What the data showed

  • $NOK -10.70% Nokia Oyj mcap $50.5B · float 5.7B shares · sector: Radio & Tv Broadcasting & Communications Equipment
  • $CJMB -1.73% Callan JMB Inc. mcap $15M · float 3M shares · sector: SERVICES-BUSINESS SERVICES, NEC
  • $SDST -22.16% Stardust Power Inc. mcap $1M · float 38M shares · sector: PRIMARY SMELTING & REFINING OF NONFERROUS METALS
  • $SPCX -5.29% Space Exploration Technologies Corp. mcap $1924.9B · float 5.0B shares · sector: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
  • $RBNE -20.00% Robin Energy Ltd. mcap $10M · float 1M shares
  • $INLF -8.76% INLIF Limited mcap $60M · float 940,000 shares
  • $NVDA -3.89% NVIDIA Corporation mcap $5227.1B · float 23.2B shares · sector: SEMICONDUCTORS & RELATED DEVICES
  • $INTC -6.58% Intel Corporation mcap $504.1B · float 4.5B shares · sector: SEMICONDUCTORS & RELATED DEVICES
  • $SXTC -35.21% China SXT Pharmaceuticals, Inc. mcap $7M · float 1M shares
  • $CRWV -7.75% CoreWeave, Inc. mcap $36.3B · float 371M shares · sector: SERVICES-PREPACKAGED SOFTWARE

Our SpaceX file holds exactly one prior session that opened down 5% or more. One. Look it up on FILTRIX.net and decide whether that's a pattern or a postcard.

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