Space companies race to scale satellites, rockets, and AI infrastructure
- Space Exploration Technologies (NASDAQ:SPCX) reported Q2 revenue of $7.8 billion, up 92% year over year, in its first earnings report since becoming publicly traded.
- Adjusted EBITDA reached $3.5 billion, exceeding analyst expectations of about $2.1 billion, supported by Starlink growth and AI-compute contracts.
- The space industry is balancing rapid expansion, infrastructure investment, satellite demand, and capital requirements across commercial and government markets.










