SpaceX’s first-ever earnings show higher revenues and huge spending

SpaceX has delivered its first-ever quarterly business report, which showed that revenue nearly doubled while spending skyrocketed.

The rocket-and-AI company posted stronger than expected revenue, but investors choked on the rapidly rising capital expenditures.

Shares tumbled as much as 8.8% in U.S. post-market trading after it said capital spending jumped to about $18.4 billion in the second quarter.

SpaceX has released its first quarterly earnings report, showing revenue growth of around 90% and a drop in operating losses during the second quarter of 2026.

The company, led by billionaire founder and CEO Elon Musk, announced on Tuesday that it beat analyst expectations by $1 billion in its first earnings report since going public.

The company, led by billionaire founder and CEO Elon Musk, announced on Tuesday that it beat analyst expectations by $1 billion in its first earnings report since going public.

Elon Musk’s rocket company said its capital expenditures jumped nearly seven times from a year ago. Revenue also rose.

Company posts $7.81bn in revenue, a jump of 92%, after share prices crashed following IPO debut For the first time since SpaceX went public, the world is getting a first-hand look into the trillion-dollar corporation’s financials. The Elon Musk-run business reported its second quarter earnings on Tuesday, saying that i

Aerospace & Defense IndustriesElon Musk says company will build all AI data centers exclusively on Nvidia chipsSpaceX, which went public in June, has three business segments: space, connectivity and AI. © ReutersYIFAN YUAugust 5, 2026 07:05 JSTPALO ALTO, California -- Elon Musk's SpaceX reported the near doubling of re

SpaceX revenue nearly doubled to $7.8B, driven by Starlink and AI growth, but capex topped $18B. Shares fell 7.5% after hours.

The company posted $7.8 billion in revenue, topping estimates, but capital expenditures of $18.4 billion rattled investors

Elon Musk's company has struggled to maintain investor enthusiasm that greeted its stock market debut.

SpaceX reported it lost more than half a billion dollars in its first quarterly report as a public company, but the loss was less than Wall Street expected and revenue soared. The company run by Elon Musk reported a loss of $541 million, or 9 cents per share, in the three months through June, less than half what financ

SpaceX readies for its first ever earnings report after going public in June. Bloomberg News Global Space Reporter Loren Grush previews what she'll be looking out for. Eric Freedman, CIO at Northern Trust Wealth Management reacts to the S&P 500 hitting an all-time high amid signs of a possible deal in the Strait of Hor

Elon Musk's rocket, satellite and AI provider reported quarterly revenue of $7.8 billion, topping Wall Street forecasts.

SpaceX revenue jumps 92% but stock tumbles as investors weigh AI spending  CNN

Elon Musk’s company outperformed analyst expectations in second quarter

SpaceX, which has lost more than $500 billion in market value since its debut in June, will announce its second-quarter results after the bell alongside chipmaker AMD. Tech stocks have been under pressure as investors fret over whether costly AI investments – such as Musk’s plan to build AI data centers in space – will

Investors will be more focused on Elon Musk’s commentary and the potential for added stock volatility.