Should You Buy SpaceX Stock Before Aug. 4?

SpaceX stock has plummeted 45% from its post-IPO peak despite strong fundamentals in satellite internet and AI infrastructure. While the company's Q2 earnings report on Aug. 4 may show impressive growth from new AI deals worth billions monthly, the stock remains heavily overvalued with a P/S ratio of 83.7—13 times higher than the Nasdaq-100. Analysts recommend a long-term investment horizon of at least five years rather than expecting an immediate recovery from the earnings report.