SpaceX Revenue Nearly Doubles to $7.8B, AI Compute Contracts Surge 250%

rohanpaul_ai · x · 2026-08-05

SpaceX's latest earnings report shows quarterly revenue nearly doubled YoY to $7.8B, with Starlink contributing over half and doubling its subscriber base to 12M.

Notably, the AI unit—originally expected to drain cash—saw a 250% revenue surge, driven primarily by compute contracts with Anthropic, Google, and Reflection AI. While AI operating losses narrowed, capital spending on data centers skyrocketed to $15.83B.

Related event: SpaceX Q2 Revenue Doubles Amid Surging AI Infrastructure Spending(4 posts)→

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