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SpaceX shows strong growth in its first earnings report since IPO
Elon Musk's rocket, satellite and AI provider reported quarterly revenue of $7.8 billion, topping Wall Street forecasts.
person Updated Aug 5, 2026
Elon Musk
Elon Musk has recent source-backed changes around SpaceX is coming for T-Mobile, AT&T and Verizon and SpaceX shows strong growth in its first earnings report since IPO.
2 sources · 2 signals · 3 changes
Latest knowledge change
SpaceX is coming for T-Mobile, AT&T and Verizon
SpaceX is preparing to build a terrestrial mobile network to "acquire quite a few" of the customers now subscribed to T-Mobile, AT&T, and Verizon. The message to compete head-to-head with the US carriers was delivered by SpaceX president Gwynne Shotwell and CEO Elon Musk during the Q&A section of the company's first ea.
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