SpaceX Q2 2026 Earnings Beat

SPACEX $SPCX Q2’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $7.8B (Est. $6.93B) 🟢; +92% YoY 🔹 EPS: -$0.09 (Est. -$0.26) 🟢 🔹 EBITDA: $3.5B (Est. $2.03B) 🟢; +191% YoY 🔹 Net Income: -$541M (Est. -$1.94B) 🟢 Segment Revenue: 🔹 Space: $962M; +29% YoY 🔹 Connectivity: $4.3B; +66% YoY 🔹 AI: $2.6B; +247% YoY Other Q2 Metrics: 🔹 Starlink Subscribers: 12.0M; doubled YoY 🔹 Starlink ARPU: $66/mo; -22% YoY 🔹 Backlog: $47.5B 🔹 Cash & Marketable Securities: $100B Business Highlights: 🔸 Closed $25B inaugural senior notes offering 🔸 Agreement to acquire Cursor for $60B 🔸 $14.1B in contracted cloud services sales 🔸 Awarded over $6B in multi-year U.S. government Starshield contracts