SpaceX posts strong revenue in first earnings report since IPO

Revenue jumped to $7.8 billion, up more than 90% from the year-earlier period.

SpaceX’s mega rocket Starship lifts off for a test flight from Starbase, Texas, on Friday, July 24, 2026. [Photo: Eric Gay/AP]

SpaceX reported it lost more than half a billion dollars in its first quarterly report as a public company, but the loss was less than Wall Street expected and revenue soared.

The company run by Elon........

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