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 $1 billion to $541 million. Strong growth was seen in its Connectivity segment, fueled by doubling Starlink subscribers and government contracts, alongside advances in AI compute agreements. Despite positive results, shares fell 5% due to concerns over rising capital expenditures and upcoming insider lockup expirations.
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...
