SpaceX reported $7.8B in Q2 revenue, exceeding forecasts, while its net loss shrank to $541M due to growth in launch and Starlink.
SpaceX reported second-quarter revenue of $7.8 billion, surpassing Wall Street expectations of $6.9 billion. The company narrowed its net loss to $541 million from $1.0 billion a year earlier, driven by growth in its launch, Starlink, and AI segments. Adjusted EBITDA nearly tripled to $3.5 billion.
The results mark SpaceX’s first earnings release as a public company, following its recent IPO. Digital asset holdings declined to $1.10 billion from $1.64 billion at the end of 2025, reflecting a $540 million loss on bitcoin positions. The company held 18,712 bitcoin as of March 31, valued at $1.29 billion at the time.