SpaceX reported $18.4 billion in capital expenditures for Q2 2026, 2.4 times its $7.8 billion revenue, driven by $15.8 billion in spending on the Colossus II compute platform. The company posted a net…
Argus Research upgraded SpaceX (NASDAQ: SPCX) to a Buy from Hold with a $160 price target, citing the company's heavy AI infrastructure investments as a key driver. SpaceX spent nearly $16 billion in …
SpaceX plans to power its proposed Terafab semiconductor campus in Texas with on-site natural-gas plants and large battery arrays, according to Riley Trettel, who leads energy and data-center developm…
SpaceX's first quarterly earnings as a public company reveal that its core business is telecom and AI compute leasing, not rockets, with Starlink generating $4.2 billion in revenue and the neocloud bu…
SpaceX spent $15.83 billion on AI infrastructure in the second quarter, more than double the previous quarter and 86% of companywide capital expenditure, while AI revenue reached $2.56 billion and the…
SpaceX shares fell nearly 10% to about $113.27 on Wednesday after the company reported a sixfold jump in capital expenditures to $18.4 billion in Q2, mostly for AI infrastructure, stoking fears of an …
SpaceX shares fell 10 percent after the company reported capital expenditure of almost $16 billion on AI, double the previous quarter, in its debut earnings report. The company posted quarterly revenu…
SpaceX reported a smaller-than-expected loss of $541 million, or 9 cents per share, for the second quarter, with revenue surging 90% to $7.8 billion, driven by its Starlink connectivity business, whic…
SpaceX shares fell 9% in premarket trading Wednesday, sliding below their $135 IPO price, after the company's first public earnings call revealed AI revenue surging to $2.6 billion in Q2 but capital s…
SpaceX shares fell as much as 11% in after-hours trading despite an earnings beat, as investors balked at nearly $16 billion in quarterly AI infrastructure spending, more than double the previous quar…
SpaceX CEO Elon Musk announced that SpaceX is 'exclusive to Nvidia' for all future AI systems on Earth and in space, citing Nvidia's Vera Rubin architecture as the best AI computer. SpaceX's Q2 revenu…
SpaceX reported April-June revenue of US$7.8 billion, nearly double the US$4.1 billion a year earlier, and narrowed operating losses to US$143 million from US$970 million, in its first earnings report…
SpaceX reported revenues of $7.8 billion versus $6.7 billion expected and adjusted EBITDA of $3.5 billion versus $2 billion expected in its first earnings report as a public company, while narrowing i…
SpaceX completed a $2.5 trillion IPO and now plans to raise at least $20 billion in its first bond deal to fund AI data centers in space, with capital expenditure potentially exceeding $700 billion an…
SpaceX shares are poised to jump roughly 30% from their $135 offering price when trading begins Friday on the Nasdaq under the ticker SPCX, following Elon Musk’s company completing a record $75 billio…
SpaceX made history with a $75 billion IPO, the largest-ever amount raised in an initial public offering, as the company prepares to begin trading Friday on the Nasdaq. The $1.8 trillion rocket, satel…
SpaceX released a 17-minute IPO roadshow video Thursday targeting retail investors, with CFO Bret Johnsen outlining the company's plans for rockets, Starlink satellites, AI solutions, and asteroid min…
SpaceX released a 17-minute video on June 4, directed by CFO Bret Johnsen, to market its upcoming IPO directly to retail investors. The company plans to allocate up to 30% of its projected $75 billion…
SpaceX launched its IPO roadshow Thursday with a 17-minute video pitch to retail investors, featuring CFO Bret Johnsen connecting the company's rocket, satellite, and AI businesses. The Elon Musk-led …