SpaceX had Q2 revenues of $7.8bn, up from $4.1bn in Q2 2025, in its first quarterly results announcement since its IPO. “Prior to the IPO, the financial projections we had were reaching a trillion dollars in revenue in 2031,” said Elon Musk. On Starship’s next flight, Musk promised: “Unless we discover problems after mission data review, SpaceX will attempt to catch the ship with the tower on the next flight.” SpaceX said it has partnered with Nvidia to use chips in the Starmine AI orbital compute satellites. SpaceX increased its spending on AI to $15.83bn in Q2 2026 compared to $749m in Q2 2025.