A $238.1 MILLION NET LOSS AND $223.5 MILLION ADJUSTED EBITDA LOSS FOR THE QUARTER, WHILE SAYING IT EXPECTS LEGAL EXPENSES TO DECLINE MATERIALLY GOING FORWARD.
Event: Strategy sold 1,690 bitcoin for $108.6 million and repurchased 1.15 million STRC shares for $108.6 million. @apewirenews
Retail investors sold a net $4.5 million of SpaceX shares on Friday, their first day of net selling since the company’s June IPO, according to Vanda Research. The reversal comes as enthusiasm around the listing fades. After initially surging 67% above its $135 IPO price, SpaceX has surrendered those gains and now trades more than 22% below its debut price.
Musk’s estimated net worth has fallen by more than $750 billion from its peak, according to recent Forbes-based estimates, as Tesla and SpaceX valuations plunged.
Adj. EPS $3.24, est. $2.90 Adj. net $4.0B, est. $3.52B Production 2,248 MBOED Cash flow from ops $7.4B, est. $6.81B All FY guidance items remain unchanged
https://www.bitstamp.net/trade/cashcatusd/
Adj. EPS (cont. ops) $1.60, est. $1.51 Rev. $3.13B, est. $3.02B Gross merchandise volume $22.4B, est. $21.57B Active buyers 136M, est. 135.9M Sees Q3 net rev. $3.07B to $3.12B, est. $2.97B