SpaceX reports its first-ever quarterly earnings as a public company after the closing bell Tuesday, giving investors a detailed look at Elon Musk’s rocket, satellite and AI company after a rocky start to trading. Investors want to learn more about the company’s spending on AI, its revenue streams from Starlink (its satellite internet business) and progress on Starship, its flagship rocket. SpaceX shares soared after the biggest IPO in history about two months ago – but have come back to earth since then, down from both their record high and their IPO price. The Tuesday earnings report could help determine what happens next for the stock. SpaceX disclosed earlier this year that it’s losing money. The company reported losses of about $4.3 billion in the first quarter after losing roughly $4.9 billion in 2025. The company earns billions in revenue from Starlink but also spends billions on its rocket launches and AI business, including building data centers. Analysts don’t expect SpaceX to turn a profit yet, but they do want to know how much cash it’s burning and if revenue is on the upswing. Investors are also curious to hear more about the Starship rocket launches after
Aug 4, 2026 → Aug 19, 2026
Christmas Island locals who woke to see the spacecraft floating off the coast hope global attention will encourage tourists Get our breaking news email, free app or daily news podcast Engineers from Elon Musk’s SpaceX are on their way to a…
Read original at The Guardian →11 updates from 6 sources over 2 weeks.
Christmas Island locals who woke to see the spacecraft floating off the coast hope global attention will encourage tourists Get our breaking news email, free app or daily news podcast Engineers from Elon Musk’s SpaceX…
Read original at The Guardian →SpaceX’s massive IPO: all the latest news Elon Musk’s SpaceX completed its $60 billion acquisition of the AI coding tool Cursor on Friday. Cursor says it’s going to work on the company’s Grok AI chatbot, which added a…
Read original at The Verge →Thus far in its short lifespan, the AI model Grok is probably best known for being used to mass-produce non-consensual nude images and for declaring itself MechaHitler. So it’s an uphill battle to convince people to use…
Read original at Gizmodo →What if you were the CEO of one company, and all you had to do to receive the equivalent of $1 trillion were to have that company buy another company you also happen to be CEO of? According to the Wall Street Journal,…
Read original at Gizmodo →Last day to exhibit your breakthrough to 10,000+ tech leaders at Disrupt is on Oct 2. Book Exhibit Table Now. Disrupt doors open Oct. 13. Get your pass and bring someone with you at 50% off. REGISTER NOW. In her…
Read original at TechCrunch →Suggested Grokipedia edits haven’t been addressed since April, according to a report. Suggested Grokipedia edits haven’t been addressed since April, according to a report. Posts from this author will be added to your…
Read original at The Verge →Elon Musk's rocket, internet and AI company gave investors its first update since its June IPO. SpaceX hosted its first-ever public earnings call since its record-breaking IPO on Tuesday. And while billionaire CEO Elon…
Read original at CNET →‘I anticipate us to be able to acquire quite a few of their customers.’ ‘I anticipate us to be able to acquire quite a few of their customers.’ Posts from this author will be added to your daily email digest and your…
Read original at The Verge →SpaceX’s AI revenue grew more than three times to $2.6 billion from the year before, mostly because of deals that the company made to provide compute to other AI companies, according to SpaceX’s quarterly earnings. The…
Read original at The Verge →SpaceX first earnings report as a public company blew past expectations. But it continued to burn through cash in pursuit of CEO Elon Musk’s vision for an AI-powered, Mars-colonizing future, putting investors on edge…
Read original at CNN →SpaceX reports its first-ever quarterly earnings as a public company after the closing bell Tuesday, giving investors a detailed look at Elon Musk’s rocket, satellite and AI company after a rocky start to trading.…
Read original at CNN →What this story stands on. Tier 0 is a primary record or the subject's own words; higher tiers must be attributed, never stated as bare fact.
Christmas Island locals who woke to see the spacecraft floating off the coast hope global attention will encourage tourists Get our breaking news email, free app or daily news podcast Engineers from Elon Musk’s SpaceX are on their way to a…
View source →SpaceX’s massive IPO: all the latest news Elon Musk’s SpaceX completed its $60 billion acquisition of the AI coding tool Cursor on Friday. Cursor says it’s going to work on the company’s Grok AI chatbot, which added a new AI agent feature…
View source →Thus far in its short lifespan, the AI model Grok is probably best known for being used to mass-produce non-consensual nude images and for declaring itself MechaHitler. So it’s an uphill battle to convince people to use it for coding and…
View source →What if you were the CEO of one company, and all you had to do to receive the equivalent of $1 trillion were to have that company buy another company you also happen to be CEO of? According to the Wall Street Journal, that hypothetical may…
View source →Last day to exhibit your breakthrough to 10,000+ tech leaders at Disrupt is on Oct 2. Book Exhibit Table Now. Disrupt doors open Oct. 13. Get your pass and bring someone with you at 50% off. REGISTER NOW. In her upcoming book “The Rise and…
View source →Suggested Grokipedia edits haven’t been addressed since April, according to a report. Suggested Grokipedia edits haven’t been addressed since April, according to a report. Posts from this author will be added to your daily email digest and
View source →Tier key: T0 = Primary source · T1 = Wire · T2 = Outlet report · T3 = Commentary
American AI companies’ performance lead over China narrowed sharply in past months to a record low after labs such as DeepSeek gained ground, threatening US tech supremacy,…
French AI lab Mistral AI has released Mistral Large 4, a new large multimodal model aiming to leapfrog both American and Chinese rivals.
President Donald Trump is set to unveil South Korea’s plan to invest some $200 billion in the US, including $54 billion for a long-stalled venture to export natural gas from…
China is reportedly mulling letting ByteDance, Alibaba buy banned Nvidia chips.
JPMorgan Chase & Co. held its spot as the world’s most advanced bank in artificial intelligence, widening its lead over rivals in an annual ranking that shows AI deployment across…
Pinterest’s new AI-powered Beauty Guides translate hair and nail Pins into salon terminology, with estimated costs, appointment times, and maintenance needs.
