SpaceX Clears Estimates For First Public Report, Revenue Soars 92%

SpaceX late Tuesday beat Q2 expectations for its first public quarterly earnings report. Elon Musk's rocket company reported strong demand for launch services, while AI revenue soared from the recent addition of xAI. But rising costs for AI and space development continue to weigh on the balance sheet. Musk provided further details on SpaceX's outlook during the investor call, predicting…

8/10/2026 Dow Jones Futures: Trump claimed "control" of the Strait of Hormuz. SpaceX rival Rocket Lab tumbled on earnings late.

8/10/2026 Dow Jones Futures: Trump claimed "control" of the Strait of...