SpaceX is heading into its first quarterly earnings report since its June 2026 IPO with $100 billion in cash reserves and a $47.5 billion backlog of contracted revenue. The company spent $15.828 billion on AI infrastructure in Q2 2026 alone, a figure that exceeds what most dedicated AI companies spend in an entire year. In Q1 2026, SpaceX posted a net loss of $4.28 billion on revenue of $4.69 billion, nearly matching the full-year 2025 net loss of $4.9 billion in a single quarter. The full Q2 2026 earnings report is scheduled for release on August 4 after market close. SpaceX holds no cryptocurrency assets and has no blockchain initiatives, according to recent financial filings.
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