Investors will get an update on what’s happening at SpaceX after the closing bell, with the company set to report its first quarterly results since its mid-June IPO.

Elon Musk says Starlink could carry most of the world's internet within a decade.

Elon Musk’s SpaceX will report earnings for the first time since going public on Tuesday in an early test of whether the firm can overcome Wall Street’s fears about its massive spending on AI. SpaceX,

The rocket-and-AI company posted stronger than expected revenue, but investors choked on the rapidly rising capital expenditures.

And while billionaire CEO Elon Musk spun a web of lofty promises (as he is wont to do) about a future moon catapult and a space-based economy, it seems the company’s more practical businesses are the immediate focus now that it has a responsibility to shareholders.

Musk said the rocket scientist behind SpaceX’s reusable rockets gives the company an edge in building AI data centers as rivals race to expand compute capacity.

Elon Musk is saying that those short-selling SpaceX stock will get burned. Responding to a social media publication noting the percentage of company shares being used for that purpose, he said: "I try to warn them, but they just double down." The company is facing a pivotal moment later on Tuesday as it is set to deliver its first earnings call.