SpaceX Q2 revenue increases 92% year-over-year, Bitcoin book value drops to $1.098 billion

TechFlow news, August 5, SpaceX Q2 2026 revenue was $7.814 billion, up 92% year-over-year; net loss narrowed from $1.008 billion in the same period last year to $541 million, Adjusted EBITDA increased 191% year-over-year to $3.538 billion. Connectivity business revenue was $4.291 billion, Starlink users reached 12 million; AI business revenue increased 247% year-over-year to $2.561 billion, but operating loss was $1.257 billion. The company's capital expenditure for the quarter was $18.369 billion, of which $15.828 billion was used for AI computing infrastructure.

As of the end of Q2, the book value of the 18,712 Bitcoins held by the company dropped to $1.098 billion, down approximately 33% from the end of 2025; during the same period, cash, cash equivalents, and marketable securities totaled approximately $100 billion, and contract backlog amounted to $47.5 billion.