Space and AI: Musk predicts billion-dollar revenue for SpaceX - stock falls
Opinion August 5, 2026 — 12:05pm There was something very familiar about SpaceX's first quarterly result as a listed company.
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Summary
The number of Starlink customers grew from 10.3 to 12 million within three months. Meanwhile, the stock fell below the issue price and went from regular US trading at around $125 on Tuesday. The spacecraft will impact near the Moon’s Einstein Crater at a speed of 5,400 mph, creating an explosion equivalent to three tons of TNT and leaving a crater about 27 meters wide and 5 meters deep.
Furthermore, The event will be observed by other spacecraft, including NASA’s Lunar Reconnaissance Orbiter and South Korea’s Danuri, which will capture images before and after the impact. After initially soaring more than 9 per cent on the result, SpaceX shares gave up all its gains as investors digested the rate and scale of the increase in capital expenditures, which dwarfed the 92 per cent jump in sales to $US7.8 billion ($11.1 billion). Starlink now has 12 million subscribers, double the level of a year ago.
Cross-referenced from 5 sources across 3 countries and 2 languages.
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The number of Starlink customers grew from 10.3 to 12 million within three months.
according to Der TagesspiegelMeanwhile, the stock fell below the issue price and went from regular US trading at around $125 on Tuesday.
according to Der TagesspiegelThe spacecraft will impact near the Moon’s Einstein Crater at a speed of 5,400 mph, creating an explosion equivalent to three tons of TNT and leaving a crater about 27 meters wide and 5 meters deep.
according to The IndependentThe event will be observed by other spacecraft, including NASA’s Lunar Reconnaissance Orbiter and South Korea’s Danuri, which will capture images before and after the impact.
according to The IndependentAfter initially soaring more than 9 per cent on the result, SpaceX shares gave up all its gains as investors digested the rate and scale of the increase in capital expenditures, which dwarfed the 92 per cent jump in sales to $US7.8 billion ($11.1 billion).
according to The Sydney Morning Herald - Top Stories +1Starlink now has 12 million subscribers, double the level of a year ago.
according to The Sydney Morning Herald - Top Stories +1
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