SpaceX report, share unlock may sway Hong Kong, mainland China stocks as AI trade recovers

SCMP TechAugust 4, 2026en

SpaceX’s first earnings report since its listing, together with the coming supply of a large chunk of shares available for public trading, will test the strength of the artificial intelligence trade’s recovery, which has driven the S&P 500 within striking distance of its record high and helped Hong Kong equities outperform. The first set of results from SpaceX as a publicly traded company will be under close scrutiny, with Elon Musk’s commercial aerospace unit viewed as a gauge of investors’...

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