SpaceX (SPCX) stock rises 10%, Q2 revenue grows 92% to $7.81 billion
2026-08-05 20:27:50
According to CoinMeta, SpaceX ( SPCX )’s stock rose 10% after its revenue increased by 92% to $7.81 billion in the second quarter of 2026. The company reported that the number of Starlink users doubled, and AI revenue grew by 247%. Following the release of the financial report, SpaceX stock steadily rose during trading hours, reaching a price of $126.06. The company’s net loss narrowed to $541 million, and its adjusted EBITDA increased by 191% to $3.54 billion. Management stated that in the future, AI business will become an important contributor to revenue, and the company has reached an exclusive partnership with NVIDIA to develop the Starmind AI -1 satellite computing platform.
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Source：Coinpaper
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