SPACE X is trading 7.85% up at BRL 41.90 after recovering from the recent post-earnings selloff.

  • The first earnings report showed revenue above expectations.
  • Investors focused on $18.4 billion in quarterly capital expenditures, including approximately $15.8 billion for AI infrastructure.
  • Potential insider selling also weighed after restrictions on up to 911.5 million shares lifted August 6.