---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-052515"
form_type: "8-K"
ticker: "SPCX"
cik: "0001181412"
company_name: "SPACE EXPLORATION TECHNOLOGIES CORP"
filed_at: "2026-08-04T20:01:05+00:00"
generated_at: "2026-08-04T20:02:18.170255+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# SpaceX Q2 revenue $7.8B (+92% YoY); net loss narrows to $541M; announces $60B Cursor acquisition

## Summary
- Revenue $7.8B, up 92% YoY; net loss $541M, improved from $1.0B loss; adjusted EBITDA $3.5B, up 191%.
- Connectivity segment revenue $4.3B (+66% YoY); Starlink subscribers doubled to 12.0M; ARPU $66.
- AI segment revenue $2.6B (+247% YoY); positive AI adjusted EBITDA of $1.1B; compute capacity 1.4 GW.
- Announced $60B acquisition of Cursor, expected to close Q3 2026; $14.1B in new cloud services contracts.
- Ended Q2 with $100B cash and marketable securities; $47.5B backlog; $25B bond issuance closed in June.

## SEC filing metadata
- accession: 0001628280-26-052515
- form_type: 8-K
- ticker: SPCX
- cik: 0001181412
- company_name: SPACE EXPLORATION TECHNOLOGIES CORP
- filed_at: 2026-08-04T20:01:05+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1181412/000162828026052515/0001628280-26-052515-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1181412/000162828026052515/spcx-20260804.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-052515
- JSON: https://secwatch.observer/filing/0001628280-26-052515.json
- Plain text: https://secwatch.observer/filing/0001628280-26-052515.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.