SpaceX Q2 revenue rises 92% to $7.8 billion; net loss narrows to $541 million
SpaceX reported second-quarter 2026 revenue of $7.8 billion, up 92% from $4.1 billion a year earlier, and a net loss of $541 million, down from $1.0 billion in the prior-year quarter. The company also disclosed a pending $60 billion agreement to acquire Cursor, which it expects to close in the third quarter of 2026, and $18.4 billion of quarterly capital expenditures, so shareholders will weigh the revenue growth against continued heavy spending.
Key points
- Revenue of $7.8 billion for the quarter ended June 30, 2026, up 92% year over year; the AI segment contributed $2.6 billion
- Net loss of $541 million, an improvement of $467 million from $1.0 billion a year earlier; six-month net loss was $4.8 billion
- Adjusted EBITDA of $3.5 billion, up 191% from $1.2 billion; company ended the quarter with $100 billion of cash, equivalents and marketable securities
- Agreement to acquire Cursor for $60 billion, with closing expected in the third quarter of 2026
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 2:07 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 04, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.