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.
SpaceX reported strong Q2 results, beating revenue and earnings expectations. Its AI division revenue jumped 213% quarter-over-quarter to $2.5 billion, contributing $1.1 billion in adjusted EBITDA, while Starlink subscribers increased to 12 million. ...
SpaceX reported $7.8 billion in revenue for Q2 2026, surpassing analyst estimates of $6.93 billion and marking a 92% increase year-over-year. The company narrowed its GAAP loss to $0.09 per share from an expected $0.23, with net losses improving from...
Space Exploration Technologies Corp. (SpaceX) experienced a relief rally ahead of its first earnings report, with its stock rising over 6% to about $118.51. Several Wall Street analysts reiterated 'Buy' ratings, setting 12-month price targets ranging...
SpaceX has seen a massive surge in $330 strike call options, with over 450,000 open contracts expiring Friday, suggesting institutional investors are hedging against a potential rebound after a 40% stock drop since its IPO. The calls, far above curre...
SpaceX's stock has fallen about 50% from its post-IPO peak due to worries over its valuation, despite some support from index inclusion. Strong margins from Starlink are crucial, but losses from AI investments and the Starship program threaten overal...
