SpaceX Surpasses Revenue Estimates with $7.8 Billion in First Earnings Report Post-IPO
SpaceX's first earnings report as a public company revealed a quarterly revenue of $7.8 billion, surpassing Wall Street's expectations by nearly $1 billion. The surge was fueled by a doubling of Starlink subscribers to 12 million and $14.1 billion in new AI contracts. Elon Musk projects that the company's revenue could reach $1 trillion in the future.
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SpaceX Revenue Could Reach $1 Trillion, Elon Musk Says
The company’s first earnings report as a public company shows a surge in revenue and the tab for capital expenditures.
SpaceX exceeds revenue estimates in first earnings report since IPO
SpaceX’s revenue exceeded Wall Street’s expectations in the company’s first quarterly financial report following its blockbuster IPO in June. Ed Ludlow has the info on Elon Musk's rocket, satellite and AI conglomerate. (Source: Bloomberg)
Breaking Down SpaceX’s First Earnings Report | The Close 8/4/2026
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Invesco Portfolio Manager, Global Equity Anaya Lodaya, The Sundial Group of Companies Founder & Chair Richelieu Dennis, Mizuho Managing Director, Restaurants Equity Research Nick Setyan, ScottsMiracle-Gro CEO & President Nate Baxter, Gabelli Funds Portfolio Manager & Managing Director, Growth Portfolios John Belton, Gerber Kawasaki Wealth & Investment Management Co-Founder, President & CEO Ross Gerber, GraniteShares Founder & CEO Will Rhind, The Westly Group Founder & Managing Partner Steve Westly, Former Harvard Business School Institute for Strategy & Competitiveness Senior Researcher & Economist Sinead O’Sullivan, Moody’s Ratings Senior VP of Global Project & Infrastructure Finance John Medina, & Generac Holdings CEO, President & Chairman Aaron Jagdfeld. (Source: Bloomberg)
SpaceX Revenue Could Reach $1 Trillion, Elon Musk Says
The company’s first earnings report as a public company shows a surge in revenue and the tab for capital expenditures.
Elon Musk repeatedly one-upped his execs on SpaceX’s first earnings call
Musk kept inflating the already-big promises being made by SpaceX CFO Bret Johnsen and Gwynne Shotwell on the company's first call.
Rocketing Cloud and Starlink Demand Boosts SpaceX Revenue 92%
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SpaceX’s first earnings report reveals a company burning cash and breaking records simultaneously
SpaceX's financial trajectory highlights the tension between rapid growth and sustainability, impacting investor confidence and market dynamics. The post SpaceX’s first earnings report reveals a company burning cash and breaking records simultaneously appeared first on Crypto Briefing .
SpaceX revenue jumps 92% in first earnings report since IPO, raising questions about tech valuations across markets
SpaceX's revenue surge amid stock decline highlights the tension between growth potential and profitability, impacting tech market valuations. The post SpaceX revenue jumps 92% in first earnings report since IPO, raising questions about tech valuations across markets appeared first on Crypto Briefing .
SpaceX Exceeds Revenue Estimates in First Earnings Report Since IPO
SpaceX’s revenue exceeded Wall Street’s expectations in the company’s first quarterly financial report following its blockbuster initial public offering in June. Elon Musk’s satellite, space and artificial intelligence conglomerate reported revenue of $7.8 billion on Tuesday, greater than than the $6.81 billion analysts polled by Bloomberg estimated on average. It also unveiled an operating loss of $1.26 billion from its AI business, which was less than expected. We get reaction from Bloomberg Tech host Ed Ludlow, and Mandeep Singh of Bloomberg Intelligence. (Source: Bloomberg)
SpaceX doubles revenue on Anthropic and Google compute deals, Starlink growth
SpaceX doubled its revenue compared to last year, according to its first quarterly earnings since going public in June.
SpaceX Is a Compelling Investment, Gerber Says
SpaceX reports revenue of $7.8 billion for the second quarter, topping Wall Street estimates. But Elon Musk's company reported an operating loss of $1.26 billion from its AI business. Ross Gerber of Gerber Kawasaki Wealth and Investment Management says SpaceX is still a compelling stock to own. He speaks on "Bloomberg The Close." (Source: Bloomberg)
SpaceX tops Wall Street revenue forecast, posts $540 million loss on bitcoin holdings
Elon Musk's space company posted its first earnings as a public company ahead of a major insider share unlock.