SpaceX Q2 2026 Earnings: Starlink Nearly Pays for the AI Bet, While $18.4B of Capex Outruns Revenue 2.4 to 1
SpaceX's Q2 revenue rose 92% to $7.81B and Starlink's $1.66B operating profit nearly covered AI losses, but $18.4B of capex ran 2.4x revenue.