SpaceX's $539 Million Crypto Decline: A Mark, Not a Sale. The $88 Transfer Is the Real Signal"
"article": "The earnings beat is a decoy. The balance sheet is the confession.\n\nSpaceX published its first quarterly report as a public entity on August 4, 2026. Revenue reached $7.8 billion against a $6.81 billion consensus. Adjusted EBITDA rose 191% to $3.538 billion, nearly double what Wall Street modeled. Loss per share came in at $0.09 versus an expected $0.24 loss. By every headline metric, this was a beat.\n\nThe share price agreed — briefly. SPCX closed the session 9.43% higher at $