SpaceX reported $7.814 billion in revenue for the second quarter of 2026, up 92% from a year earlier, while its net loss narrowed to $541 million from $1.008 billion in the same period last year. Adjusted EBITDA rose 191% year over year to $3.538 billion.
The company said its connectivity business generated $4.291 billion in revenue during the quarter, and Starlink users reached 12 million. Its AI business posted $2.561 billion in revenue, a 247% increase from a year ago, though the segment still recorded an operating loss of $1.257 billion.
Quarterly capital expenditure came in at $18.369 billion, including $15.828 billion directed to AI computing infrastructure. As of the end of the second quarter, SpaceX held 18,712 BTC with a carrying value of $1.098 billion, down about 33% from the end of 2025. The company also reported roughly $100 billion in cash, cash equivalents and marketable securities, along with a contract backlog of $47.5 billion.
SpaceX posted $7.814 billion in revenue for the second quarter of 2026, up 92% year over year, according to TechFlow on Aug. 05. Net loss narrowed to $541 million from $1.008 billion a year earlier, while adjusted EBITDA climbed 191% to $3.538 billion.
Connectivity and AI segments
The company’s connectivity business brought in $4.291 billion in revenue during the quarter. Starlink users reached 12 million.
AI revenue rose 247% from a year earlier to $2.561 billion, though the segment reported an operating loss of $1.257 billion.
Capital expenditure for the quarter totaled $18.369 billion. Of that amount, $15.828 billion went to AI computing infrastructure.
Bitcoin carrying value drops
By the end of the second quarter, SpaceX held 18,712 BTC with a carrying value of $1.098 billion, down about 33% from the end of 2025.
Over the same period, the company reported about $100 billion in cash, cash equivalents and marketable securities, and a contract backlog of $47.5 billion.
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