TechCrunch·3 min read·medium
SpaceX doubles revenues on Anthropic and Google compute deals, Starlink growth
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Sean O'Kane
✦AI Summary
SpaceX reported a 92% revenue increase in Q2 2026, reaching $7.8 billion driven by Starlink growth and new AI computing deals with Anthropic and Google. Despite this financial growth, the company's stock has struggled since its record-breaking IPO, falling below its initial offering price.
SpaceX doubled its revenue compared to last year, in large part thanks to the growth of its Starlink satellite internet service and deals it struck to rent out computing power to Anthropic and Google, the company revealed in its first quarterly earnings since going public.
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