# SpaceX revenue jumps 92% as AI spending unsettles investors

2026-08-06T14:34:10+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 2 independent outlets

SpaceX’s second-quarter revenue rose 92% year on year to $7.8 billion, while adjusted EBITDA climbed 191% to $1.2 billion. Yet its shares fell after the results as investors questioned the cost of expansion and the company’s valuation. AI revenue surged 247% to $2.6 billion, but the unit posted a $1.3 billion operating loss. SpaceX spent $18.4 billion on capital expenditure, including $15.8 billion on AI infrastructure. Starlink remained the strongest profit engine, with revenue up 66% to $4.3 billion and operating profit up 79% to $1.7 billion. The space division recorded a $542 million operating loss. The company also faces a possible $100 billion share sale after a post-listing lock-up expires, according to the second report. Elon Musk has projected rapid data-centre and revenue growth, including $1 trillion in sales by 2030.

## Coverage

- hindustantimes.com <https://www.hindustantimes.com/business/spacex-revenue-jumps-92-where-will-spacex-stock-be-in-1-year-101786012320149.html>
- hindustantimes.com <https://www.hindustantimes.com/business/investors-are-having-doubts-about-elon-musk-s-grandiose-ambitions-101786005315655.html>

Tags: Artificial intelligence, business results, satellite internet, SpaceX, Starlink
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