CNBC·3 min read·medium
SpaceX (SPCX) Q2 2026 Earnings Report: Live updates
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Lora Kolodny
✦AI Summary
SpaceX reported its first quarterly earnings since its June IPO, revealing a 92% revenue jump alongside a $541 million net loss. While the Starlink connectivity segment remains profitable, the company's space and AI units are currently operating at a loss due to heavy infrastructure investment.
SpaceX reported better-than-expected revenue for the second quarter in the company's first earnings report since its record IPO in June. The stock dropped about 8% in extended trading as capital expenditures soared.
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