SpaceX set to release its first earnings report as a public company. Here are three things to watch for when SpaceX releases its first earnings report. Investors will look at the pace of SpaceX’s revenue growth. In other words, can its AI business start to generate the revenue necessary to justify the company’s $1.4 trillion valuation? In the first three months of 2026, SpaceX’s AI segment had revenue of $818 million, according to a securities filing.