SpaceX reports 92% revenue growth to $7.8B, announces $60B Cursor acquisition

Filed August 4, 2026 · Period ending August 4, 2026 · ~1 min read

Key Changes

• high

  Announced $60B acquisition of Cursor, an advanced AI coding tool, to accelerate AI enterprise offerings; expects Q3 2026 close.

  Exhibit 99.1 view on EDGAR →
• high

  Q2 2026 revenues reached $7.8B, up 92% year-over-year from $4.1B; net loss narrowed to $541M from $1.0B; adjusted EBITDA grew 191% to $3.5B.

  Exhibit 99.1 view on EDGAR →
• high

  Awarded over $6B in multi-year U.S. government contracts for Starshield secure satellite network, primarily from two major Space Force awards for LEO communications and sensing.

  Exhibit 99.1 view on EDGAR →