SpaceX's first-ever earnings report comes as stock hits new all-time low: Q2 preview - Yahoo Finance
SpaceX reported Q2 revenue of $7.8 billion, exceeding estimates, though the company faces concerns over high AI infrastructure spending. The firm also announced a partnership with Nvidia to integrate advanced AI chips into its satellite payloads.
Why it matters
The report highlights the massive capital expenditure required for AI infrastructure and the growing intersection of aerospace and high-performance computing.
SpaceX's Q2 results top estimates but stock drops on AI capex costs Pras Subramanian · Senior Reporter Tue, August 4, 2026 at 5:31 PM EDT 3 min read SPCX +9.43% TSLA +1.64% Explore stocks on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
SpaceX ( SPCX ) reported second quarter results on Tuesday that topped estimates — its first report as a public company — which comes as the stock has been in a recent free fall.
SpaceX reported Q2 revenue of $7.8 billion versus $6.81 billion, per Bloomberg consensus, up sequentially from $4.7 billion in Q1. SpaceX posted adjusted EBITDA of $3.5 billion vs $2.0 billion consensus expected.
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