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The Latest Breaking News from Starlink

Elon Musk Pulls Forward $1 Trillion Revenue Target for SpaceX as Revenue Jumps 92% — 'There's a Non-Zero Chance…'

Elon Musk on Tuesday said that Space Exploration Technologies Corp.’s (NASDAQ:SPCX) in-house forecast for hitting $1 trillion in annual revenue has been pulled forward to 2030 from 2031.

Benzinga

SpaceX plans to turn Starlink into full-fledged mobile service, targets Verizon, AT&T and T-Mobile

SpaceX plans to build a terrestrial mobile service using acquired spectrum licenses. This move could challenge established wireless carriers like Verizon and AT&T. The company aims to integrate its satellite network with ground infrastructure for broader coverage. Analysts caution that building a nationwide network will require significant investment and time.…

The Economic Times

Elon Musk delivers ‘totally nuts’ plan for moon robots and $1 trillion revenue target, but capex tanks SpaceX on debut earnings

The rocket-and-AI company posted stronger than expected revenue, but investors choked on the rapidly rising capital expenditures.

Fortune

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SpaceX wants to launch next Starship this month (and catch it, too), Elon Musk says in 1st earnings call since historic IPO

SpaceX plans to notch some big milestones on the next test flight of its Starship megarocket, which is tentatively scheduled for late August.

Space

SpaceX Delivered a Strong Earnings Beat After Its Historic IPO. But Questions About Starlink and AI Spending Remain And The Stock Fell.

Adjusted EBITDA reached $3.5 billion, well above the roughly $2.1 billion analysts had projected, with shares rising in after-hours trading following the release.

International Business Times

SpaceX revenue surges 92% to $7.8 billion, blowing past Wall Street expectations by nearly $1 billion

SpaceX posted $7.8 billion in quarterly revenue, surging ahead of the $6.9 billion consensus, as Starlink subscribers doubled to 12 million and $14.1 billion in new AI contracts turbocharged financial results.

Fortune

US stocks: SpaceX quarterly revenue surges in debut results on strong growth in its Starlink business

SpaceX has announced an impressive 92% increase in revenue for the latest quarter, primarily fueled by the growth of Starlink and its AI initiatives. Despite this surge, the firm faced a net loss due to significant capital allocated towards infrastructure and future projects. After a strong IPO, its stock is…

The Economic Times

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SpaceX beats revenue expectations in first earnings report after IPO crash

Company beat analysts’ predictions to post $7.81bn in revenue, following stock plummet after IPO

The Guardian - US

SpaceX launches Starlink satellites on 90th Falcon 9 flight of the year (video)

SpaceX launched 24 more of its Starlink internet satellites to low Earth orbit today (Aug. 4), on the 90th Falcon 9 rocket flight of 2026.

Space

SpaceX Stock Faces a Make-or-Break Week as Investors Await Earnings and Lockup Expiration

It's a big week for SpaceX stock, as two major catalysts are set to shake up the market. Here's what to expect.

Barchart

SpaceX's satellite ambitions squeeze out rivals reliant on its rockets

SpaceX is increasingly reserving rocket space for its own Starlink satellites. This trend is crowding out rival space companies that rely on SpaceX launches. Many spacecraft companies face booked Falcon 9 rockets until 2028 or 2029. SpaceX's new Starship rocket is designed for reusability and lower costs. This shift impacts…

The Economic Times

Will Elon Musk's Bullish Starlink Bet Help SPCX Recover? Billionaire Charts Ambitious Connectivity Plan Ahead of SpaceX Earnings

Space Exploration Technologies Corp. (NASDAQ:SPCX) is doubling down on its satellite connectivity goals as the Elon Musk-led company is preparing to launch its second-generation Direct-to-Device (D2D) service in the third quarter of 2027, according to filings with the Canadian government on Monday.

Benzinga

SpaceX’s First Earnings Report Could Decide Whether Shorts or Bulls Have Control

SpaceX faces a $24.6 billion short position ahead of its Aug. 4 earnings and Aug. 6 lockup expiration, which will release about 911 million shares into the market.

MarketBeat

Rocket Lab’s $8 Billion Iridium Acquisition Creates a Powerful, Profitable Space Stock in 2027

Rocket Lab is rapidly transforming from a launch company into a diversified space business, positioning it for profits and strong free cash flow as early as next year.

Barchart

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Benzinga

SpaceX Q2 Earnings Preview: Expert Says Report ‘Less About The Numbers and More About Elon Musk’s Vision’

For the first time since going public with a record-breaking IPO, space giant SpaceX (NASDAQ:SPCX) will report quarterly financial results, with earnings set for Tuesday after market close.

Barchart

A $1.6 Billion Reason to Buy SpaceX Stock Now

SpaceX just landed another $1.6 billion Pentagon contract, reinforcing the long-term bull case for the aerospace giant.

International Business Times UK

SpaceX Won't Buy Verizon or AT&T: Analyst Says Elon Musk Will Build His Own Telco Instead

Combining telco businesses with SpaceX could dilute the company's growth profile, divert Starlink cash flows towards maintaining legacy infrastructure, and reduce the premium investors assign to its future technologies.

The Economic Times

SpaceX's first results put Elon Musk's AI spending under Wall Street's microscope

SpaceX's upcoming earnings report is set to provide insights into Starlink's profitability as it expands into AI and space initiatives. Analysts predict notable advancements in both the Starlink and AI sectors. Furthermore, the development of Starship will play a vital role in shaping the company's future. Investors are looking for…

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news in one place.

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The Economic Times

SpaceX's first results put Elon Musk's AI spending under Wall Street microscope

SpaceX is poised to reveal its next earnings report, signaling Starlink's profitability and its pivotal role in financing AI and space initiatives. Analysts predict notable advancements in Starlink and AI ventures for the April-June quarter. A key area of interest for investors is SpaceX's sizable investments in AI technology, while…

The Independent UK

Ukraine-Russia war latest: Five killed as Kyiv strikes warehouses including Wildberries facility, Russia says

More than 300 drones hit Russian cities and warehouses in overnight attacks, says its defence ministry

Benzinga

SpaceX Investors Want a Pink Rocket and a Starship Named 'Shipy McShipface' Ahead of First Earnings: Top Questions for Elon Musk's Team Revealed

Ahead of Space Exploration Technologies Corp.‘s (NASDAQ:SPCX) first public earnings report on Tuesday after the bell, investors submitted questions ranging from whether Starship could be painted pink or named “Shipy McShipface” to AI infrastructure, Starlink expansion and missions to Mars.

TechRadar

Russia debuts anti-Starlink EW system that can blind terminals by overloading 'satellites' receiving antennas'

Russia unveiled Volna Kupol Garant, an electronic warfare system designed to interfere with Starlink satellites using directed radio transmissions from Earth.

International Business Times

SpaceX Reports Q2 Numbers This Week. Investors Will Scramble For Major Cues

Along with SpaceX earnings, the market participants will be looking at the continued progress of its space and artificial intelligence (AI) companies. The focus would also be on the indicators about the growth of the Starlink satellite internet business.

Barchart

Cathie Wood Doubles Down on Tesla and SpaceX as Wall Street Turns Cautious

While many investors are pulling back from Tesla and SpaceX, Cathie Wood is doubling down on their long-term potential.

The Independent UK

Zelensky asks for Trump’s help to win Elon Musk’s approval for Starlink drones plan

Zelensky is looking for alternate ways to mitigate the need for U.S. Patriot air defense systems to thwart Russian attacks

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