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[BUSINESS] · United States · 100 sources

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SpaceX reports $7.8 bn revenue, $18 bn AI spend and huge share unlock

SpaceX posted second‑quarter 2026 revenue of $7.8 billion, up about 92 % year‑over‑year, driven by a $4.3 billion Starlink segment and a rapidly growing AI business. Total capital expenditures jumped to $18.3 billion, of which $15.8 billion was spent on artificial‑intelligence infrastructure, pushing the net loss for the quarter to $541 million.

The company announced that more than 911 million shares – roughly 40 % of the total float – will unlock on 6 August, more than doubling the number of shares available for trading. The lock‑up expiry, combined with the earnings surprise, sent SpaceX stock down about 13 % to $108.27 in after‑hours trading.

SpaceX also confirmed an exclusive partnership with Nvidia, committing to use Nvidia chips for all AI‑related hardware. It aims to have over 2 gigawatts of AI compute capacity by the end of 2026 and about 10 gigawatts by 2027. Starlink now serves 12 million customers, with revenue of $4.3 billion, and is positioned as the primary profit centre.

Entities

Bret Johnsen · Elon Musk · Falcon 9 · Google Cloud · Gwynne Shotwell · Invesco QQQ ETF · Morgan Stanley · NASA · NASDAQ:SPCX · Nasdaq · Nasdaq-100 · Nvidia

Claims

What the coverage asserts, and how many sources carry each claim.

  • [● 3 SOURCES] SpaceX's AI division spent $7.72 billion on capital expenditures in Q1 and is projected to spend about $10.2 billion in the April‑June quarter.
  • [● 2 SOURCES] Starlink generated $3.82 billion of revenue in the second quarter, supporting over 10 million subscribers.
  • [● 6 SOURCES] SpaceX's AI segment revenue was $2.33 billion in Q2 2026. economia.uol.com.br · gizmodo.com
  • [● 11 SOURCES] SpaceX will release its first quarterly earnings report on August 4, 2026. www.globenewswire.com · gizmodo.com · time.news
  • [● 9 SOURCES] Up to 911.5 million shares, about 20% of the float, become eligible for sale on August 6, 2026. www.globenewswire.com · gizmodo.com · time.news
  • [● 2 SOURCES] Analysts expect SpaceX to report second‑quarter revenue of $6.88 billion and a loss of $0.23 per share.
  • [● 3 SOURCES] SpaceX's share price has fallen about 20 % from its IPO price and roughly 50 % from its intra‑day high, trading near $108‑$110. gizmodo.com
  • [● 3 SOURCES] SpaceX's IPO raised about $75‑86 billion, valuing the company at roughly $1.7 trillion. www.globenewswire.com · gizmodo.com
  • [● 3 SOURCES] SpaceX’s AI segment spent $7.72 billion in Q1 2026 and is projected to spend $10.2 billion in Q2 2026.
  • [● 3 SOURCES] Analysts expect SpaceX Q2 2026 revenue of $6.88 billion and a loss of $0.23 per share.
  • [● 3 SOURCES] Short sellers have unrealized profits of about $20 billion due to the share decline. gizmodo.com
  • [● 5 SOURCES] Starlink generated $3.82 billion of revenue and $1.42 billion operating profit in Q2 2026. gizmodo.com · jornaleconomico.sapo.pt

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