SpaceX announced results showing adjusted EPS of -$0.09, significantly better than the expected -$0.29. Adjusted EBITDA was $3.5 billion, exceeding the expected $2.0 billion. As of the end of the reporting period, SpaceX held cash and investments of $100 billion, with a backlog of $47.5 billion. Breaking down by business segment, connectivity revenue was $4.29 billion, AI revenue was $2.56 billion, and aerospace revenue was $962 million. The company reported a net loss of $541 million and capital expenditures of $18.4 billion.