Tech Contrarians Launches Podcast on SpaceX After 27% Post-IPO Stock Drop
Updated
Updated · Seeking Alpha · Aug 7
Tech Contrarians Launches Podcast on SpaceX After 27% Post-IPO Stock Drop
2 articles · Updated · Seeking Alpha · Aug 7
Summary
Tech Contrarians used the first episode of its new TheTechTalk podcast to examine SpaceX after the company’s first-ever earnings report and a 27% slide from its mid-June IPO.
Two space-industry journalists argued investors are still pricing a company in transition, with launch now the smallest business while Starlink profits fund Starship and a far larger AI spending push.
SpaceX’s disclosed numbers sharpened that debate: the stock had jumped from about $150 to $225 before falling to $108, while management said quarterly capex was more than double revenue.
The discussion repeatedly returned to Starship as the key variable, with the next flight set to deploy Starlink satellites and management targeting daily launches within a year—an ambition the guests treated cautiously.
The broader takeaway was that SpaceX’s valuation now hinges less on legacy Falcon 9 dominance than on whether Starship can scale fast enough to support broadband growth, orbital data centers and rising global competition.