SpaceX (SPCX), Elon Musk’s space technology company, reported its first quarterly results as a public company on Tuesday, announcing second-quarter revenue of $7.8 billion. That figure topped Wall Street expectations of $6.9 billion, while narrowing its quarterly loss to $541 million as growth accelerated across its launch, Starlink and AI businesses. The company reported a net loss of $541 million, an improvement from a $1.0 billion loss a year earlier, while adjusted EBITDA nearly tripled to $3.5 billion. The firm held onto its stash of 18,712 bitcoin BTC $ 63,770.82, according to the SEC filing. SpaceX spent $18.4 billion on capital expenditures during the quarter, well above analysts' expectations of $13 billion, as it continued investing heavily in artificial intelligence infrastructure.