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SpaceX revenue nearly doubles to $7.8B in Q2 2026, driven by Starlink and AI deals.

Company Fundamentals
04 Aug 2026
TechCrunch
View Source
Bearish
SpaceX revenue nearly doubles to $7.8B in Q2 2026, driven by Starlink and AI deals.

SpaceX reported a 92% revenue increase in Q2 2026, rising from $4 billion to $7.8 billion compared to the previous year. This growth was largely fueled by its Starlink satellite internet service and lucrative AI-related contracts with Anthropic and Google, contributing nearly $2 billion from AI and $1.7 billion from Starlink. The earnings report follows SpaceX's record-breaking IPO, which valued the company at $1.75 trillion and raised over $85 billion. Despite the strong revenue growth, SpaceX's stock price has fallen below its IPO price since going public, closing at just over $125 per share recently.

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Seattle Times and Newsday sue OpenAI and Microsoft over AI training on journalism content

Seattle Times and Newsday sue OpenAI and Microsoft over AI training on journalism content

The Seattle Times and Newsday have filed lawsuits against OpenAI and Microsoft, accusing them of using their journalism content without permission to train AI models. The lawsuits warn that generative AI could severely damage the journalism industry ...

Market News
Bearish
4 hours ago
Tokenized stocks on Solana and Robinhood Chain hit $152M in DeFi deposits, dominating the market.

Tokenized stocks on Solana and Robinhood Chain hit $152M in DeFi deposits, dominating the market.

Tokenized stocks on Solana and Robinhood Chain have reached $152 million in combined DeFi deposits, representing about 79% of the global tokenized-equity DeFi total value locked (TVL). Solana leads with $75.4 million, accounting for 64.5% of the mark...

Protocol Fundamentals
Bullish
4 hours ago
Bitwise CIO endorses Bitcoin, Zcash, and tokenization as key crypto assets for the next decade.

Bitwise CIO endorses Bitcoin, Zcash, and tokenization as key crypto assets for the next decade.

Bitwise CIO Matt Hougan highlights three main crypto investment themes: Bitcoin as a hedge against currency debasement, Zcash for privacy, and a decade-long tokenization trend involving assets like ETH, SOL, and UNI. He predicts Bitcoin will break it...

Market News
Bullish
4 hours ago
TradeXYZ's real-world asset perpetuals trading volume drops 71% from July peak to $2.6B daily

TradeXYZ's real-world asset perpetuals trading volume drops 71% from July peak to $2.6B daily

TradeXYZ, a leading platform for real-world asset perpetual contracts on the Hyperliquid blockchain, has seen its daily trading volume fall to $2.1-$2.6 billion, down 71% from its July 2026 peak of about $100 billion monthly. Despite this sharp decli...

Market News
Neutral
5 hours ago
AI tools help fix Bitcoin wallet bug but face challenges as OpenAI cuts access mid-audit

AI tools help fix Bitcoin wallet bug but face challenges as OpenAI cuts access mid-audit

Rob Hamilton and his Bitcoin Red Team used AI to find nearly 5,000 issues in Bitcoin-related code in just 30 hours, including a wallet bug fix merged into Bitcoin Core. This AI-driven audit highlights the potential of AI in improving crypto security ...

Protocol Fundamentals
Neutral
5 hours ago
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