Elon Musk's aerospace firm released its initial earnings report as a publicly traded entity just before a significant insider share unlock.
By Krisztian Sandor|Edited by Stephen AlpherUpdated Aug 4, 2026, 8:39 p.m. Published Aug 4, 2026, 8:26 p.m. 1 min readMake preferred on ShareShare this articleCopy linkX (Twitter)LinkedInFacebookEmailMake preferred on SpaceX and Tesla CEO Elon Musk (Getty Images)SummaryShow- SpaceX's second-quarter revenue reached $7.8 billion, exceeding Wall Street's forecast of $6.9 billion.
- The company reduced its net loss to $541 million from $1 billion a year prior, while adjusted EBITDA surged nearly threefold to $3.5 billion due to growth in its launch, Starlink, and AI sectors.
- At the quarter's end, SpaceX reported $1.10 billion in digital assets, down from $1.64 billion at the close of 2025.
SpaceX (SPCX), the aerospace venture led by Elon Musk, announced its inaugural quarterly earnings as a public entity on Tuesday, revealing a second-quarter revenue of $7.8 billion.
This amount surpassed Wall Street's expectations of $6.9 billion, with the company managing to narrow its quarterly loss to $541 million as its launch, Starlink, and AI operations experienced accelerated growth.
In the latest report, SpaceX recorded a net loss of $541 million, significantly better than the $1 billion loss reported a year earlier, while its adjusted EBITDA soared to $3.5 billion, nearly tripling.
The company maintained its bitcoin holdings at 18,712, valued at BTC$63,498.53, as per the SEC filing. However, the value of these holdings fell to $1.10 billion by June 30, a decrease from $1.64 billion at the end of 2025, reflecting a 33% drop in bitcoin prices during that timeframe.
Following the earnings announcement, SPCX shares dropped 6% in after-hours trading to $118, despite a nearly 10% increase during the regular trading session, while the Nasdaq 100 index rose by 3.3%.
This financial report comes shortly after SpaceX's record $86 billion IPO and just before a pivotal moment for the stock. On August 6, approximately 912 million shares owned by employees and early investors will be available for sale, potentially expanding the stock's public availability.
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By CoinDesk ResearchJun 29, 2026Commissioned byBinanceBinance remains crypto’s leading exchange, expanding from spot and derivatives into RWAs, payments, savings, yield, and broader financial services.
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