The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.

Space Exploration Technologies Corp. is expected to significantly increase spending, partly driven by joint projects with Tesla Inc., with analysts forecasting negative free cash flow.

Bill Birmingham, MD of exchange-traded product provider Rex Shares, told MarketWatch, "They're going to be spending cash for the indefinite future. The idea of free cash flow is just not part of the story."

Birmingham said SpaceX's upcoming earnings will also signal the timing and valuation of its next capital raise, not just its outlook for the second half of 2026.

Don't Miss:

A single bad hire can set a startup back years. Here are the 5 hires founders most often misjudge โ€” and why

Still Learning the Market? These 50 Must-Know Terms Can Help You Catch Up Fast

SpaceX is expected to significantly increase spending, partly due to joint projects with Tesla. Just weeks after its IPO raised nearly $86 billion, SpaceX borrowed an additional $25 billion in debt.

Analysts forecast $13.2 billion in second-quarter capital expenditures, nearly $46 billion for 2026, and $87 billion for 2027, alongside negative free cash flow of $1.9 billion for the June quarter, as per the report.

Bernstein analysts said SpaceX's quarterly results are less important than management's confidence in the company's long-term growth outlook, according to MarketWatch.

Investors are looking for updates from SpaceX, particularly from CEO Elon Musk, on Starship's progress, semiconductor availability, AI resource constraints, and the company's broader plans.

Trending: Avoid the #1 Investing Mistake: How Your 'Safe' Holdings Could Be Costing You Big Time

Investors are closely watching AI-related capital spending as hyperscalers ramp up investments. Moody's recently projected that hyperscaler capex will reach $785 billion in 2026 and nearly $1 trillion in 2027, before Amazon.com Inc. and Meta Platforms Inc. further increased their spending plans.

Amazon raised its 2026 capital spending target from $200 billion to $220 billion due to higher memory chip costs. CEO Andy Jassy said the company has multiple financing options after its recent bond sale but declined to disclose how it will fund future AI and AWS investments.

Meanwhile, Tesla plans to significantly increase spending on vehicles, autonomy, and robotics, with CEO Elon Musk and CFO Vaibhav Taneja calling 2026 a "massive CapEx year." The company reported a record $5.79 billion in second-quarter capital expenditures, up 142% year over year, while GAAP operating expenses rose 47% to $4.35 billion.

"Note that we are in a big investment cycle and expect our operating expenses, largely driven by R&D, to continue to grow in 2026 and beyond, " said Taneja.

Image: photo_gonzo / Shutterstock

Read Next:ย 

Skip the Regrets: The Essential Retirement Tips Experts Wish Everyone Knew Earlier.

Think you're saving enough for your kids? You might be dangerously off โ€” see why

Building a resilient portfolio means thinking beyond a single asset or market trend. Economic cycles shift, sectors rise and fall, and no one investment performs well in every environment. That's why many investors look to diversify with platforms that provide access to real estate, fixed-income opportunities, precious metals, and even self-directed retirement accounts. By spreading exposure across multiple asset classes, it becomes easier to manage risk, capture steady returns, and create long-term wealth that isn't tied to the fortunes of just one company or industry.

Backed by Jeff Bezos, Arrived Homes makes real estate investing accessible with a low barrier to entry. Investors can buy fractional shares of single-family rentals and vacation homes starting with as little as $100. This allows everyday investors to diversify into real estate, collect rental income, and build long-term wealth without needing to manage properties directly.

Institutional-quality real estate has traditionally been difficult for individual investors to access. Realberry gives accredited investors direct access to private real estate opportunities backed by a team with 35 years of experience, $3.4 billion in assets under management, and $481 million in cumulative distributions paid to investors as of Q4 2025, according to the company. With a portfolio spanning 13 million square feet across seven U.S. states, Realberry focuses on acquiring, developing, and managing real estate with an emphasis on long-term value creation while its principals often invest alongside clients to help align interests.

Farmland has historically held its value through market volatility and delivered returns uncorrelated to stocks and bonds. For accredited investors, FarmTogether offers direct access to high-quality U.S. farmland starting at $15,000 โ€” fully managed, with no landlord headaches.

Immersed is building technology for the future of work through spatial computing. Known for its AR/VR productivity platform that enables users to work across multiple virtual screens, the company has grown to more than 1.5 million users worldwide. Immersed is also developing Visor, a lightweight headset designed specifically for professional productivity, positioning the company at the intersection of remote work, extended reality (XR), and next-generation computing.

Private real estate and private credit can add income and stability to a stock-heavy portfolio. Fundrise offers access to diversified private real estate and credit strategies through an easy-to-use platform, with professionally managed portfolios designed to generate passive income and long-term growth.

Mode Mobile is changing the way people interact with their phones by letting users earn money from the same apps and activities they already use every day. Instead of platforms keeping all the advertising revenue, Mode Mobile shares a portion back with users who engage with content, play games, and scroll on their devices. Named one of Deloitte's fastest-growing software companies in North America, the company has built a large beta user base and is scaling a model that turns everyday smartphone usage into a potential income stream.ย 

For accredited investors looking beyond stocks and bonds, EquityMultiple provides access to vetted commercial real estate deals starting at $5,000, with only ~5% of opportunities passing their due diligence process.

ยฉ 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.