Total capital expenditures for SpaceX in the second quarter were $18.4 billion, well above analyst estimates of around $6 billion. Execs did share several long-term targets, however, including a $100 billion revenue run rate by the end of 2026. Second quarter revenue of $7.8 billion came in above the Street's $6.8 billion estimate. The beats were driven primarily by AI segment revenue, as SpaceX contracted about $14 billion of cloud services agreements in the quarter. SpaceX also noted that the quarter marked its best-ever quarter for Starlink subscriber growth, tallying 1.7 million.