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SpaceX (SPCX) Stock Soars 10% as Q2 Revenue Jumps 92% to $7.81 Billion
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The aerospace and technology company reported revenue of $7.81 billion for the second quarter of 2026, up 92% from the same period last year.
Management also discussed future AI growth during the earnings presentation.
SpaceX has already signed compute capacity agreements with enterprise customers, with additional revenue expected from future AI infrastructure deployments.
The project will use Nvidia's next-generation Vera Rubin architecture to support orbital AI computing infrastructure.
Management said additional compute lease agreements are expected to contribute billions of dollars in future revenue as enterprise demand continues growing.