Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Business & Finance › SpaceX Is a Compelling Investment, Gerber Says
Business & Finance

SpaceX Is a Compelling Investment, Gerber Says

Bloomberg Technology Tuesday 04 August 2026, 20:29 UTC 1 min read
Key Points

Aug 4th, 2026 SpaceX Is a Compelling Investment, Gerber Says SpaceX reports revenue of $7.8 billion for the second quarter, topping Wall Street estimates. But Elon Musk's company reported an operating loss of $1.26 billion from its AI business. Ross Gerber of Gerber Kawasaki Wealth and Investment Management says SpaceX is still a compelling stock to own.

Aug 4th, 2026 SpaceX Is a Compelling Investment, Gerber Says SpaceX reports revenue of $7.8 billion for the second quarter, topping Wall Street estimates. But Elon Musk's company reported an operating loss of $1.26 billion from its AI business. Ross Gerber of Gerber Kawasaki Wealth and Investment Management says SpaceX is still a compelling stock to own. He speaks on "Bloomberg The Close."
SpaceX (ORG) a Compelling Investment (ORG) Gerber (ORG) Elon Musk's (PERSON) AI (ORG) Ross Gerber (PERSON) Gerber Kawasaki Wealth and Investment Management (ORG)
Originally published by Bloomberg Technology Read original →

Related Stories

Trading Day: The only way is up

Trading Day: The only way is up ORLANDO, Florida, Aug 3 : World stocks leaped to record highs on Tuesday, boosted by a relentless stream of strong U.S. and global earnings, with another slump in oil prices on Middle East peace hopes pushing down on bond yields and boosting investor sentiment also. In my column today, I dig deeper into America's unprecedented currency market intervention last week. Washington's commitment to help Japan prop up the yen should not be doubted, but there is a...

Channel News Asia 7m ago

Traders are using options to chase a runaway rebound in stocks, pushing the market even higher

Stocks have shot higher over the past four trading sessions, and investors who are worried about missing out are piling into bullish options bets just to try to keep up.

MarketWatch 9m ago

Appeals Court Says E.P.A. Cannot Block Billions in Climate Grants

Portraits of President Trump and Vice President Vance hang in the employee entrance of the Environmental Protection Agency in Washington.

NYT Business 11m ago

AMD’s datacenter business is booming while gaming takes a backseat

Driven by demand for AI capacity, AMD's data center revenue more than doubled year-over-year in its latest earnings report, reaching $6.7 billion. That's up from $5.8 billion in Q1, and jumping 107 percent from the $3.2 billion it reported for the same period a year ago. At the same time, AMD's gaming revenue fell 31 percent compared to last year, to $779 million, as price hikes and component shortages slowed sales for the Xbox Series X / S, PS5, and Valve's Steam Deck.

The Verge 12m ago