According to CoinMeta, SpaceX surpassed Wall Street's expectations in almost all key indicators during the second quarter, with revenue reaching $7.8 billion, exceeding the consensus of $6.81 billion. The adjusted EBITDA was $3.5 billion, far higher than analysts' forecast of $2 billion. However, despite the strong performance, SpaceX's stock price fell in after-hours trading, reflecting market concerns about the future. Analysts pointed out that SpaceX's AI expenditures reached $15.8 billion this quarter, surpassing the $7.7 billion of the first quarter, although the operating losses in the AI department have narrowed.