SpaceX reported revenue that surpassed market expectations in its first earnings announcement since going public.


[Breaking] SpaceX Q2 Revenue Reaches $7.814 Billion, Exceeding Expectations View original image

On August 4 (local time), SpaceX disclosed that its revenue for the second quarter of this year reached $7.814 billion (approximately 11 trillion won), a 92% increase compared to the same period last year. The company posted an operating loss of $143 million and a net loss of $541 million for the quarter.


This figure exceeds the consensus estimate of $6.93 billion compiled by analysts at London Stock Exchange Group (LSEG), a market research agency.



By business segment, revenue from the space business reached $962 million, surpassing the forecast of $835 million. Starlink revenue stood at $4.29 billion, above the projection of $3.83 billion. AI-related revenue was also strong at $2.56 billion, exceeding the expected $2.18 billion.


This content was produced with the assistance of AI translation services.

© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.

Today’s Briefing