SPCX earnings — 2026-08-04

SpaceX's first earnings report as a public company beat on both lines: revenue of $7.8 billion against a Street estimate of $6.81 billion (+92% year over year), and a per-share loss of $0.09 versus the $0.24 loss analysts had modeled — figures per desk social capture (@amitisinvesting, @ParadisLabs, Aug 4; basis unstated). EBITDA reached $3.5 billion, AI-compute revenue rose 247% year over year to $2.6 billion, Starlink subscribers doubled to 12.0 million, and backlog stood at $47.5 billion, per the same capture. On the call, Elon Musk said SpaceX will build its AI compute exclusively on Nvidia's Vera architecture going forward, per desk social capture (@amitisinvesting, Aug 4). Shares closed +9.43% on the day at $125.33 per the daily tape summary, clawing back part of the more than 37% slide the stock had taken since its June IPO peak (per desk social capture, @IPONewsroom_, Aug 4). One desk account grouped the print with AMD's same-day report as one of the market's bigger movers that day, without elaborating (per social capture, @PhotonBull, Aug 4).