Form 8-K · Current Report · Filed 2026-08-04

SpaceX Reports Strong Q2 2026 Financial Results with 92% Revenue Growth

Space Exploration Technologies Corp. (SpaceX) announced its financial results for the quarter ended June 30, 2026, reporting a 92% year-over-year revenue growth to $7.8 billion. The company demonstrated significant growth across its Space, Connectivity, and AI segments, with notable achievements including two successful Starship V3 flight tests, a doubling of Starlink subscribers, and the release of its most powerful AI model, Grok 4.5. SpaceX also secured multiple industry-leading Cloud Services Agreements and announced an agreement to acquire Cursor for $60 billion to accelerate its AI enterprise opportunity. The company ended the quarter with $100 billion in cash, cash equivalents, and marketable securities, and $47.5 billion in backlog.