SpaceX Q2 2026 revenue increases 92% to $7.81B, Bitcoin holdings decline to $109.8M

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SpaceX Q2 2026 revenue reached $7.81 billion, up 92% year-over-year, with Bitcoin holdings reported at $109.8 million, a 33% decline from 2025. Net loss narrowed to $541 million, and adjusted EBITDA increased 191% to $3.54 billion. Starlink reached 12 million users, while AI revenue hit $2.56 billion, up 247%, but incurred a $1.26 billion operating loss. Altcoins may gain traction as Bitcoin’s role in corporate portfolios evolves.

SpaceX reported second-quarter 2026 revenue of $7.814 billion, a 92% year-over-year increase; net loss narrowed to $541 million from $1.008 billion in the same period last year, and adjusted EBITDA rose 191% year-over-year to $3.538 billion. Revenue from the connectivity business reached $4.291 billion, with Starlink users totaling 12 million; AI business revenue surged 247% year-over-year to $2.561 billion, but posted an operating loss of $1.257 billion. Capital expenditures for the quarter amounted to $18.369 billion, of which $15.828 billion was allocated to AI computing infrastructure. As of the end of the second quarter, the book value of the company’s holdings of 18,712 bitcoins declined to $1.098 billion, a decrease of approximately 33% from the end of 2025; cash, cash equivalents, and marketable securities totaled approximately $100 billion, with backlog contracts amounting to $47.5 billion.

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