SpaceX Q2 FY26 net loss narrows 46.3% to $541 million; revenue rises 91.9% to $7.81 billion

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SpaceQ2 FY26 net loss narrowed 46.3% to $541 million, while revenue surged 91.9% to $7.81 billion. Operating loss decreased 85.3% to $143 million. AI revenue more than doubled to $2.56 billion, and Starlink connectivity revenue rose 65.8% to $4.29 billion with subscribers doubling to 12 million. The company completed a June IPO raising $85.68 billion and issued $25 billion in notes to repay bridge loans.