{"id":12825,"date":"2026-08-04T21:01:57","date_gmt":"2026-08-04T21:01:57","guid":{"rendered":"https:\/\/stock999.top\/?p=12825"},"modified":"2026-08-04T21:01:57","modified_gmt":"2026-08-04T21:01:57","slug":"spacex-revenue-surges-to-7-8-billion-blowing-past-wall-street-expectations-by-nearly-1-billion","status":"publish","type":"post","link":"https:\/\/stock999.top\/?p=12825","title":{"rendered":"SpaceX revenue surges to $7.8 billion, blowing past Wall Street expectations by nearly $1 billion"},"content":{"rendered":"

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SpaceX grew revenue 92% to $7.8 billion in the second quarter, powering past Wall Street\u2019s consensus estimate of approximately $6.9 billion in what marks the rocket-and-connectivity giant\u2019s first earnings report since its June debut on the Nasdaq. <\/p>\n

The company reported a net loss of $541 million, or 9 cents a share\u2014a marked improvement from a $1 billion loss a year ago and higher than the range of analyst estimates, which spanned from a loss of $1.26 per share to a gain of 33 cents. Adjusted EBITDA nearly tripled to $3.5 billion.<\/p>\n

The results land at a pivotal moment for SpaceX, which has tumbled roughly 50% from its peak stock price of $211 days after its IPO on June 12. Investor anxiety around capital expenditures and sluggish return on massive spending had weighed down tech stocks in recent weeks before markets staged a rally on Tuesday. SpaceX\u2019s second quarter results, its first as a publicly traded company, are powering a stronger AI narrative with a n early $1 billion topline beat, Starlink\u2019s subscriber base doubling year-over-year, and a flush of new cloud-computing contracts that catapulted the AI segment from a loss into positive adjusted EBITDA territory for the first time.<\/p>\n

More immediately, the release of quarterly numbers will trigger the opening of a lockup provision that will allow pre-IPO shareholders to begin selling a portion of their holdings that could exert even more downward pressure on the stock. An even larger glug of insider selling will become possible after third-quarter results later this year, when roughly 900 million additional shares come unlocked\u2014a block larger than the entire IPO issuance.<\/p>\n

SpaceX will hold its earnings call at 4:30 ET. <\/p>\n

Fortune Daily breaks the traditional barrier between audience and newsroom. The show transforms Fortune\u2019s trusted reporting into actionable, conversational, and entertaining insights for an emerging class of business leaders. Watch here.
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#SpaceX #revenue #surges #billion #blowing #Wall #Street #expectations #billion<\/p>\n","protected":false},"excerpt":{"rendered":"

SpaceX grew revenue 92% to $7.8 billion in the second quarter, powering past Wall Street\u2019s…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[245],"tags":[552,18699,1038,651,767,1041,2807,304,3810,426,2806],"_links":{"self":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/12825"}],"collection":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12825"}],"version-history":[{"count":0,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/12825\/revisions"}],"wp:attachment":[{"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12825"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12825"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12825"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}