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SpaceX revenue jumps 92% in first earnings report, but shares slide
Digital Journal·August 4, 2026·1 min read
AI Summary
SpaceX experienced a 92% increase in revenue in its first earnings report, driven by AI computing deals and growth in its Starlink satellite services. However, shares declined as the company reported capital expenditures over $18 billion for the quarter.
From the source
AI computing deals and Starlink satellite growth fueled the results, the company said in a statement. But it also continued to spend heavily, with capital expenditures exceeding $18 billion in the three months ending in June. The post SpaceX revenue jumps 92…
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