SpaceX published its first quarterly report as a public company, beating Wall Street estimates with revenue of $7.8 billion against forecasts near $6.81 billion. The company’s digital asset holdings fell 33% over six months, dropping from $1.637 billion at the end of December to $1.098 billion on June 30, a decline of $539 million. Grayscale estimates SpaceX’s bitcoin balance at 18,712 BTC, implying a carrying value of approximately $58,700 per coin. The Starlink segment generated $4.291 billion in revenue, up 66% year over year, with 12 million subscribers, while the artificial intelligence segment brought in $2.561 billion, a 247% increase, with operating loss narrowed to $1.257 billion from the expected $2.39 billion.
Source: Read the original article

