SpaceX beats revenue forecast, posts $540M loss

SpaceX reported second-quarter revenue of $7.8 billion, beating Wall Street expectations of $6.9 billion. The company narrowed its net loss to $541 million from $1.0 billion a year earlier, while adjusted EBITDA nearly tripled to $3.5 billion. SpaceX disclosed $1.10 billion in digital assets, down from $1.64 billion at the end of 2025.