13:00 - 5.08.2026

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August 5, Fineko/abc.az. Aerospace and AI company SpaceX has released its first financial results following its Initial Public Offering (IPO) in June. The company's revenue for the second quarter of 2026 jumped 92% year-on-year to reach $7.81 billion. Growth was primarily driven by Starlink connectivity services ($4.29 billion) and its AI segment, which surged 247% to $2.56 billion.

SpaceX’s net loss narrowed from $1 billion to $541 million during the reporting period. Driven by heavy investments in AI infrastructure, total capital expenditures rose 550% to $18.37 billion, with $15,8 billion specifically allocated to artificial intelligence development.

SpaceX shares began trading on the Nasdaq stock exchange under the ticker symbol SPCX on June 12.