SpaceX achieved a new launch cadence record with two Falcon 9 launches in 38 minutes and reported $7.814 billion in Q2 2026 revenue, beating estimates by 14.59% and growing 92% year-over-year. Key growth drivers include Starlink connectivity, AI segment, and government contracts. The company aims for a $100 billion annualized revenue run rate by December 2026, supported by cloud services, government deals, and a major acquisition. Despite a net loss due to heavy capital spending, SpaceX's backlog and cash reserves remain strong, with analysts optimistic about future stock performance.
SpaceX plans to reach 5-10 gigawatts of computing capacity by 2027, potentially making artificial intelligence its largest long-term revenue source. Estimates suggest 10 GW could generate around $300 billion in annual recurring revenue if half of thi...
NASA has assigned SpaceX to launch the StarBurst satellite on a Falcon 9 rideshare mission by 2028, intensifying competition for small-launch providers like Rocket Lab. SpaceX shows strong cash flow and a robust backlog, making it a safer choice for ...
SpaceX's stock climbed 8% recently after reporting a 92% revenue increase to $7.81 billion, driven by Starlink and AI growth, but also posted a $541 million quarterly loss. The company aims for $100 billion annual revenue by year-end and a trillion-d...
Options traders are heavily buying calls in tech stocks like Intel, AMD, Crowdstrike, and SpaceX amid a Nasdaq rally and Federal Reserve interest rate hike. Intel saw nearly triple its average options volume, driven by bullish bets on its chip produc...
SpaceX stock has risen 14.67% since its IPO, trading around $154.81 after initial volatility and price swings between $104.83 and $225.64. Early investors who bought at the IPO or at the low in August have seen notable gains, while those who bought a...
