SpaceX just dropped its Q2 2026 earnings, and the numbers are, well, not subtle. The company pulled in $7.8 billion in revenue for the quarter, blowing past consensus estimates that sat around $6.8 to $6.9 billion. That’s roughly a billion-dollar beat.

The result marks one of the first major financial disclosures since SpaceX began trading publicly on the NASDAQ under the ticker SPCX.

The numbers behind the surge

SpaceX recorded $4.69 billion in revenue during Q1 2026. One quarter later, that figure jumped to $7.8 billion. That’s a 66% increase in three months.

The earnings call, held on August 4 at 4:30 PM ET, pointed to two primary engines driving that acceleration: Starlink connectivity services and the company’s AI and data infrastructure segment.