SpaceX shares fall 8% after Musk's grand promises forced executives to walk back

During SpaceX's first-ever earnings call, Elon Musk claimed the company would capture most of the global internet market within a decade and promised daily Starship flights as early as next year. Company executives immediately moved to temper his statements. Despite beating earnings expectations, SpaceX shares fell as much as 8% in after-hours trading ahead of Thursday's lock-up expiry.