SpaceX revenue jumps 92% in first results since IPO
India, Aug. 5 -- SpaceX reported a 92% year-on-year increase in revenue for the second quarter of 2026, its first quarterly results since becoming a publicly listed company, as growth in Starlink and its artificial intelligence business pushed sales to USD 7.8 billion.
The company reported revenue of USD 7.814 billion for the quarter ended 30 June, compared with USD 4.1 billion a year earlier. The figure was also ahead of the roughly USD 6.9 billion expected by analysts. SpaceX reported a net loss of USD 541 million, although that was narrower than the USD 1.008 billion loss recorded a year earlier.
The results provide the first detailed look at SpaceX's finances since its June initial public offering, which raised about USD 85.7 billio...
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