The latest advance comes after SpaceX launched 24 Starlink broadband satellites from Vandenberg Space Force Base in California. SpaceX reported second-quarter results showing revenue of $7.81 billion, up 92% from the prior year and ahead of analyst expectations. Launch services and Starlink contributed to the top-line growth, while investments in artificial intelligence infrastructure and related projects weighed on near-term profitability. Some firms upgraded the stock, citing Starlink's recurring revenue potential, the launch business, and longer-term opportunities in AI and satellite services. SpaceX continues regular Starlink deployments and has maintained its position as a leading provider of launch services.