SpaceX News.

SpaceX reported Q2 capital expenditures of $18.4 billion, up from $2.8 billion a year earlier. The total includes $15.8 billion allocated for AI-related investments, according to Micah Maidenberg of the Wall Street Journal.

SpaceX reported Q2 revenue of $4.29 billion from its connectivity division, which includes Starlink. The company holds $100 billion in cash and marketable securities and carries a $47.5 billion order backlog.

SpaceX spent $329 million on Tesla Megapacks this year, including $295 million in Q2, per its earnings report. The batteries likely power xAI data centers, which bought $430 million worth before merging with SpaceX. SpaceX also acquired $131 million in Tesla Cybertrucks.

SpaceX exceeded revenue expectations and cut losses in its first quarter as a public company, with revenue soaring 92% to $7.81 billion across space, connectivity, and AI divisions. Shares closed up 9.4% at $125.33 but fell over 6% after hours.

SpaceX reported first-ever quarterly earnings with revenue up 92% to $7.8 billion, but spending soared over 550% to $18.3 billion, producing a $541 million net loss. The company's stock fell nearly 9% in after-hours trading and has traded below its $135 IPO price for weeks.

SpaceX's first quarterly results as a public company beat expectations, but AI-related costs weighed on the stock. The earnings report showed strong performance offset by rising expenses tied to artificial intelligence investments.

SpaceX doubled revenue to $7.8 billion in Q2 2026, up 92% from $4 billion a year earlier, driven by Starlink growth and AI compute deals with Anthropic and Google. The company's first earnings since its $85 billion IPO showed shares closing at $125, below the $135 IPO price.

SpaceX reported Tuesday a 92% rise in revenue to $7.8 billion for the April-June quarter, its first earnings since going public, beating expectations of $6.93 billion. The company posted a net loss of $541 million and invested $18.37 billion in AI infrastructure, Starship, and Starlink expansion.

SpaceX reported a 92% increase in revenue in its debut earnings report, beating analyst estimates. The financial disclosure marks the company's first public earnings release.

Elon Musk issued a second warning to SpaceX short sellers on Tuesday, hours before the company's first quarterly earnings as a publicly traded firm. S3 Partners data showed about 95 percent of available SPCX shares on loan, roughly 34 percent short interest.

An old SpaceX rocket is about to crash into the Moon. The impact could provide useful data for future lunar inhabitants, as the debris is expected to hit the lunar surface soon.