Space Exploration Technologies Corp., SPCXThe early morning gains came on the heels of Tuesday evening’s successful deployment of 24 Starlink satellites into low-Earth orbit from Vandenberg Space Force Base in California. The Starlink satellite network continues to serve as SpaceX’s primary revenue driver, generating nearly 70% of overall company income. During the second quarter of 2026 alone, this division produced $4.29 billion in revenue. Second Quarter Results Surpass ProjectionsSpaceX disclosed Q2 revenue totaling $7.81 billion, representing a 91.9% jump compared to the same period last year. Norway’s sovereign wealth fund has also revealed a SpaceX position, joining the growing roster of institutional stakeholders accumulating shares.