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stocksAug 4, 2026, 9:02 PM

SpaceX Beats in First Public Earnings, Starlink Customers Double

SpaceX reported a GAAP EPS of -$0.09 and revenue of $7.8 billion, beating estimates in its first quarterly release as a public company. The company also announced it has doubled its Starlink subscriber count.

SPCX

SpaceX, now trading as SPCX, delivered a beat in its first earnings report since going public. The company posted a GAAP loss of $0.09 per share on revenue of $7.8 billion.

Both figures came in ahead of consensus expectations, reflecting strength across its rocket, satellite, and AI segments. Management highlighted a doubling of Starlink customers as the broadband service continues to scale globally.

The milestone earnings release marks the first time the space and communications firm has opened its books as a public entity, giving investors a clearer view of its financial trajectory.

Source: FXStreet Forex News