SpaceX Revenue Exceeds Expectations but Stock Price Falls; Musk Reaffirms the Trillion-Dollar Revenue Goal
2026-08-05 08:56:28
According to CoinMeta, as reported by A in early 2021, SpaceX released its second-quarter financial report, with revenue of $7.8 billion exceeding expectations. However, due to AI capital expenditures of $18.369 billion (of which $16 billion was used for AI infrastructure), which were higher than the expected $13.2 billion, the stock price fell by more than 5% after the market closed. Elon Musk stated that SpaceX may achieve its $1 trillion annual revenue goal ahead of schedule by 2030 and proposed a plan to build robot production facilities on the moon. In the second quarter, Starlink generated $4.3 billion in revenue, with 12 million AI users. SpaceX business revenue was $2.561 billion, and rocket business revenue was $962 million. SpaceX plans to continue using NVIDIA AI chips and expects AI business annual revenue to reach $10 billion by December this year.
Bullish 0
Bearish 0
Source:Internet
This content is for market information only and does not constitute investment advice.