SpaceX reports $7.81 billion revenue, beats estimates on revenue and EPS

Second-quarter revenue topped estimates at $7.81 billion with a 9-cent per-share loss, while investor Gene Munster said management's exiting 2026 revenue run-rate guidance implies sharply higher quarterly sales ahead.

21d ago

Fact Check

SpaceX went public on NASDAQ (SPCX) in June 2026 and reported its first quarterly earnings after market close on August 4, 2026. CNBC's live earnings coverage independently confirms the two headline figures in the claim: revenue of $7.81B (beating the ~$6.82–6.93B estimate) and a loss per share of $0.09 (smaller than the consensus loss). The exact consensus EPS estimate differs slightly by provider (-$0.23 per unusual_whales vs -$0.26 per CNBC), a minor discrepancy that does not affect the substance of the claim. Reported actuals match precisely across the source X post and CNBC.

Summary

SpaceX reported second-quarter revenue of $7.81 billion, above the $6.82 billion analyst estimate, and a loss of $0.09 per share, better than expectations for a loss of $0.23 to $0.26 per share, according to the two source records, with the newer report citing LSEG data. After the earnings call, Deepwater Asset Management's Gene Munster said management guided to an exiting 2026 revenue run rate of $100 billion, which he said implies about $22 billion in December-quarter revenue and suggests December-quarter revenue estimates rose about 17% versus Q2. Munster also argued Wall Street's roughly $100 billion 2027 revenue view could still be too low if monthly growth continues.

Terms & Concepts

Revenue run rate: An annualized pace of revenue based on a current or targeted period, used here for SpaceX's exiting 2026 guidance.
Inference: Running AI models on live tasks or real-world queries, as referenced in comments about compute contracts.
Float: The shares available for public trading, referenced in comments about 911.5 million new SPCX shares potentially entering the market.