SpaceX shares drop up to 8% after debut earnings call — Musk's bold claims needed toning down

During SpaceX's first-ever public earnings call, Elon Musk told investors the company would capture most of the global internet market within a decade and fly the Starship rocket daily as early as next year — claims that executives immediately moved to walk back. Despite better-than-expected results, SpaceX shares fell up to 8% in after-hours trading ahead of a lock-up expiry on Thursday.