SpaceX (SPCX) Stock: Surges 9% as Starlink Drives 92% Q2 Revenue Growth

TLDR SPCX surged 9.43% before falling 5.45% after hours as spending concerns grew. SpaceX Q2 revenue jumped 92% to $7.81 billion and topped key market estimates. Starlink generated $4.29 billion and remained SpaceX’s main quarterly profit engine. AI revenue reached $2.56 billion, but the segment lost $1.26 billion overall. SpaceX invested $18.37 billion in AI, [...]

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