SpaceX Unveils First Financial Report: Q2 Revenue Jumps 92% YoY to $7.8 Billion, Net Loss Narrows to $541 Million
SpaceX, as a publicly traded company, announced its quarterly results for the first time, reporting Q2 revenue of $7.8 billion, a 92% year-over-year increase; adjusted EBITDA rose 191% to $3.5 billion; and net loss narrowed to $541 million. Starlink contributed $4.3 billion in revenue, up 66% year-over-year, with approximately 12 million subscribers, generating about $1.66 billion in operating profit.
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