WorldPingSpaceX's first-ever earnings show higher revenues and huge spending
Elon Musk said during a call with financial analysts that people were "underestimating" his company.
Brief by WorldPing · Original reporting by BBC Tech
SpaceX doubled its revenue compared to last year, according to its first quarterly earnings since going public in June.
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WorldPingElon Musk said during a call with financial analysts that people were "underestimating" his company.
Brief by WorldPing · Original reporting by BBC Tech
SpaceX's AI revenue grew more than three times to $2.6 billion from the year before, mostly because of deals that the company made to provide compute to other AI companies, according to SpaceX's quarterly earnings.
Brief by WorldPing · Original reporting by The Verge
WorldPingOn their first earnings call since SpaceX's June public offering, executives said the company is pouring funds into rocket development, Starlink satellites and AI.
Brief by WorldPing · Original reporting by NPR Top
WorldPingElon Musk's space company posted its first earnings as a public company ahead of a major insider share unlock.
Brief by WorldPing · Original reporting by CoinDesk
WorldPingSpaceX posted $7.8 billion in quarterly revenue, surging ahead of the $6.9 billion consensus, as Starlink subscribers doubled to 12 million and $14.1 billion in new AI contracts turbocharged financial results.
Brief by WorldPing · Original reporting by Fortune
WorldPingSpaceX launched 24 more of its Starlink internet satellites to low Earth orbit today (Aug. 4), on the 90th Falcon 9 rocket flight of 2026.
Brief by WorldPing · Original reporting by Space.com