SpaceX reported strong Q2 results with $7.81 billion in revenue and $3.54 billion in adjusted EBITDA, surpassing expectations across most business segments. Starlink remains the main profit driver, generating $4.29 billion in revenue and $1.66 billion in operating profit, while AI and Space divisions posted combined losses of about $1.80 billion. Despite reduced revenue risk, investors remain concerned about the high capital expenditure required to sustain growth. The stock fell 8% post-earnings due to worries over valuation and execution risks, with SpaceX trading at 40 times sales and over 100 times adjusted EBITDA, demanding near-perfect execution going forward.
Elon Musk announced that SpaceX's next-generation Starlink satellites will deliver about 10 terabits per second (Tbps) of bidirectional bandwidth, with a potential path to over 100 Tbps. This leap could enable Starlink to carry the majority of the wo...
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...
