SpaceX posts $7.8B in Q2 2026 revenue, crushing Wall Street estimates by over a billion dollars

SpaceX reported $7.8 billion in Q2 2026 revenue, exceeding Wall Street estimates by nearly $1 billion. This 92% increase was driven by Starlink subscribers doubling to 12 million and $14.1 billion in new AI contracts. While the company demonstrated robust growth through technology and infrastructure, it also recorded a $540 million loss on bitcoin holdings. The results highlight a strategic focus on scaling operations despite specific financial setbacks in digital asset investments.