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VINnews · Aug 4, 2026

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*🇺🇸-SpaceX Delivers Explosive First Public Earnings* SpaceX just dropped its first quarterly results as a public company. For the second quarter, revenue hit $7.8 billion, up 92% from $4.1 billion a year ago. Net loss narrowed to $541 million from $1.0 billion. Adjusted EBITDA jumped 191% to $3.5 billion. Starlink led the way with $4.3 billion in revenue, up 66%, and $1.7 billion in operating income. The service now has 12 million subscribers, double last year’s number. AI revenue more than tripled sequentially to $2.6 billion on new cloud deals, though that segment still posted a $1.3 billion operating loss. Space operations brought in $962 million. The company closed the quarter with $100 billion in cash and marketable securities plus a $47.5 billion backlog. Management pointed to successful Starship V3 tests, over $6 billion in new Starshield government contracts, $14.1 billion in AI cloud agreements, and plans for a $60 billion acquisition of Cursor.

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