$100 billion ARR and $18.4 billion in cash burn run parallel: SpaceX (SPCX.US) faces off with its first quarterly report on "growth versus cost."

According to Zhithong Finance APP, on August 4, after the U.S. stock market closed, SpaceX (SPCX.US) released its first quarterly report since going public. Despite a significant doubling of revenue in the second quarter and strong guidance from management aiming for a $100 billion ARR by year-end, the company's stock price briefly plummeted over 9% in after-hours trading. Amidst the explosive performance and skyrocketing capital expenditures, Wall Street is reassessing the risks and rewards of this "connectivity + computing power" infrastructure giant.