SpaceX’s first-ever earnings show higher revenues and huge spending0

• Gear / Gear News and Events, General, News, Newsletters, Security / Security News
• August 5, 2026

SpaceX has delivered its first-ever quarterly business report, which showed revenue nearly doubled but its spending skyrocketed. The company, run by Elon Musk, builds space rockets and Starlink internet satellites and owns the social media platform X. It began trading on the US stock market in June. SpaceX said its revenue had grown 92% to