SpaceX Exceeds Revenue Forecasts in First Earnings Call, Shares Decline Post-Report

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finance

5 August 2026 at 11:58 am

SpaceX Exceeds Revenue Forecasts in First Earnings Call, Shares Decline Post-Report

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Summary

SpaceX reported nearly doubled revenue of $7.8 billion in its debut earnings call, driven by Starlink and AI growth, but shares fell 7.5% after hours due to capital expenditures exceeding $18 billion.

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