Here’s how the company did compared with analysts’ estimates, according to LSEG
* **Revenue:** $7.81 billion vs. $6.93 billion expected
* **Loss per share:** Loss of 9 cents. That’s not comparable to the average analyst estimate of a loss of 26 cents.
SpaceX lost $4.9 billion last year, largely due to hefty investments in artificial intelligence infrastructure. The company merged with Musk’s xAI in February, saying at the time that the vision was to build data centers in space. But even the launch business, which counts on large contracts from NASA, is losing money.
Most of SpaceX’s revenue for the year, and its only source of profit, came from its connectivity segment, which consists of its Starlink satellite internet service. Starlink is sold directly to consumers, as well as to government and military agencies.
Here’s how SpaceX performed in its three segments:
* **Space:** $962 million vs. $835 million expected, according to StreetAccount
* **Connectivity:** $4.29 billion vs. $3.83 billion expected, according to StreetAccount
* **AI:** $2.56 billion vs. $2.18 billion expected, according to StreetAccount
Source: [https://www.cnbc.com/2026/08/04/spacex-spcx-earnings-live-updates-q2-2026.html](https://www.cnbc.com/2026/08/04/spacex-spcx-earnings-live-updates-q2-2026.html)
