3 outlets·4 reports
SpaceX reports Q2 revenue of $4.29B from its connectivity division, which includes Starlink, $100B of cash and marketable securities, and a $47.5B order backlog (Nathan Bomey/Axios)
ThinkingNews Desk · how this was written
SpaceX’s second-quarter revenue rose sharply, propelled by strong growth in its connectivity segment that includes the Starlink service. The company disclosed $4.29 billion in connectivity revenue, holds roughly $100 billion in cash and marketable securities, and carries an order backlog of about $47.5 billion.
Written from all 3 reports below, not from any single one.
How it was reported
- TechMeme·SpaceX reports Q2 revenue up 92% YoY to $7.8B, vs. $6.81B est., and an operating loss of $1.26B from its AI business, compared with a $2.39B estimate (Bloomberg)
- TechCrunch·SpaceX doubles revenues on Anthropic and Google compute deals, Starlink growth
- The Verge·SpaceX has more neocloud revenue
- TechMeme·SpaceX reports Q2 revenue of $4.29B from its connectivity division, which includes Starlink, $100B of cash and marketable securities, and a $47.5B order backlog (Nathan Bomey/Axios)
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