SpaceX Stock Reaches All-Time Low. Here's the Case for Buying Before Aug. 4 Earnings.

SpaceX stock has declined over 10% from its IPO price despite raising $87.5 billion in the offering plus $25 billion in bonds. While the company remains unprofitable and faces $350 billion in planned capital expenditures through 2030, analysts argue the lower valuation (now $1.5 trillion vs. $1.77 trillion at IPO) makes it more attractive. Recent successful Starship test flights validate the company's growth strategy, though significant financing will still be needed.