$RKLB has been awarded a $397M contract by the US Space Force.
To build out Flatellite satellites and launch them on their Medium Lift rocket, Neutron.
We posted our second quarter 2026 financial and operational results →
Q2 highlights:
- Demonstrated the power of extreme vertical integration, delivering revenue growth of 92% year-over-year across Space, Connectivity, and AI
- Completed two successful Starship V3 flight tests in the past 90 days, advancing towards full and rapid reusability
- Closed multiple industry-leading Cloud Services Agreements resulting in $14.1 billion of contracted sales
- Announced agreement to acquire Cursor for $60 billion to accelerate the AI enterprise opportunity
- Released our most powerful AI model yet with Grok 4.5 in July
- Delivered 66% revenue and 79% income from operations growth year-over-year for the Connectivity segment, driven by a doubling of Starlink Subscribers and continued momentum in Enterprise & Government
- Awarded over $6 billion in multi-year U.S. government contracts for Starshield
As compared to the same quarter last year:
- Revenues of $7.8 billion, up 92% from $4.1 billion
- Net loss of $541 million, an improvement of $467 million from net loss of $1.0 billion
- Adjusted EBITDA of $3.5 billion, up 191% from $1.2 billion
Thank you to the SpaceX team, and all our customers and investors for a great quarter!
We posted our second quarter 2026 financial and operational results →
Q2 highlights:
· Demonstrated the power of extreme vertical integration, delivering revenue growth of 92% year-over-year across Space, Connectivity, and AI
· Completed two successful Starship V3 flight tests in the past 90 days, advancing towards full and rapid reusability
· Closed multiple industry-leading Cloud Services Agreements resulting in $14.1 billion of contracted sales
· Announced agreement to acquire Cursor for $60 billion to accelerate the AI enterprise opportunity
· Released our most powerful AI model yet with Grok 4.5 in July
· Delivered 66% revenue and 79% income from operations growth year-over-year for the Connectivity segment, driven by a doubling of Starlink Subscribers and continued momentum in Enterprise & Government
· Awarded over $6 billion in multi-year U.S. government contracts for Starshield
As compared to the same quarter last year:
· Revenues of $7.81 billion, up 91.9% from $4.07 billion
· Net loss of $541 million, an improvement of $467 million from net loss of $1.01 billion
· Adjusted EBITDA of $3.54 billion, up 191% from $1.21 billion
Thank you to the SpaceX team, and all our customers and investors for a great quarter!
Pixar co-founder Edwin Catmull joins the Higgsfield Global Film Festival as a jury member.
5x Oscar Winner. Ex-President of Walt Disney Animation Studios. Executive producer of Toy Story. Turing Award laureate.
The man who invented 3D graphics will judge the first generation of AI filmmakers.