SpaceX's First Earnings Report and Shifting M&A/IPO Landscape

M&A/IPO | Wed Jul 29 2026 00:00:00 GMT+0000 (Coordinated Universal Time) | 6 sources

SpaceX approaches its first earnings report and lockup expiration, Databricks signals IPO plans, Skyworks-Qorvo deal progresses, and FIFA faces backlash over stake sale.

Analysis

[SpaceX] scheduled first quarterly earnings report as a public company for August 4 ^[4]

• IPO'd in June at $135
• surged to $225.64 before falling below IPO price
• TTM revenue of $19.3B as of March
• with 2025 revenue growing 33%
• Starlink generated $11.4B in 2025
• representing 61% of total revenue
• 2025 operating loss of $2.6B
• with approximately $3B invested in Starship R&D

[SpaceX] faces potential major sell-off as lockup expires two days after earnings ^[4][5]

• Up to 911.5 million shares eligible to sell on August 6
• 20% of eligible lockup shares released two trading days after earnings
• Additional tranches to unlock sequentially through year-end
• Over $1.2T in market cap lost from peak

[Databricks] intensified discussions on IPO timing ^[1]

• Co-founder described IPO as a 'matter of when'
• Emphasized limitless possibilities in AI market
• Raised need for governance across industry

[Skyworks Solutions] prepared approximately $2B debt financing for Qorvo merger ^[3]

• Q4 revenue guidance issued at $1.010B–$1.060B
• China's SAMR regulatory review advanced to Phase III
• Regulatory processes for Qorvo integration continue

[FIFA] faced backlash over $20B commercial stake sale plan ^[2]

• Negotiations underway with Trump-linked investment vehicle
• UK Prime Minister joined the ranks of critics
• Concerns over football governance spreading

[CME Group] launched single-stock futures on 55 names including SpaceX and Micron ^[6]

• Cash-settled futures tradable nearly 23 hours a day
• Micro contracts also offered on 22 of the names
• Includes SpaceX
• Nvidia
• Tesla
• and Apple
• No time decay or implied volatility shifts compared to options

Sources

• [1] Databricks Co-Founder: IPO a Matter of "When" Not "If" - Bloomberg Markets
• [2] Fifa faces fierce backlash over plans for $20bn commercial stake sale - Financial Times
• [3] Skyworks anticipates $1.010B-$1.060B Q4 revenue while preparing to raise about $2B debt for Qorvo deal - Seeking Alpha Market News
• [4] SpaceX Reports Its First Quarterly Results as a Public Company on Aug. 4. Here's What Has to Show Up in the Update. - The Motley Fool
• [5] SpaceX has now lost the equivalent of a full Tesla in market capitalization - CNBC Investing
• [6] CME launches single stock futures enabling investors to trade SpaceX, Micron and others 23 hours a day - CNBC Finance