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SpaceX reported quarterly losses after its IPO
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AzerNews - News from Azerbaijan, Business, Energy, Analysis
6 August 2026 08:00 (UTC+04:00)By Alimat AliyevaAmerican company SpaceX has published its first quarterly financial report since going public, AzerNEWS reports.
The company reported a net loss of $541 million for the quarter, a significant improvement compared to the more than $1 billion net loss recorded during the same period in 2025.
This means SpaceX has nearly halved its losses year over year.
At the same time, quarterly revenue reached $7.8 billion, representing a 92% increase compared to the same quarter last year.
SpaceX completed its initial public offering (IPO) in June.