Why did SpaceX digital asset holdings fall US$539 million?

SpaceX digital asset holdings fell 33% to US$1.098 billion, but the company did not report selling Bitcoin.

What were SpaceX quarterly earnings?

SpaceX reported US$7.8 billion revenue, above Wall Street’s US$6.81 billion forecast.

SpaceX shares closed 9.43% higher at US$125.33 before dropping more than 8% after hours.

SpaceX held an estimated 18,712 Bitcoin (CRYPTO:BTC), according to Grayscale data cited by BeInCrypto.

SpaceX spent US$15.828 billion on its AI segment during the second quarter.

Image for illustrative purposes only. Not a real photo.

Written by Brie CarterPublished Aug 5, 2026, 3:40 AM

SpaceX reported US$7.8 billion quarterly revenue, beating Wall Street’s US$6.81 billion forecast.
Its digital asset holdings fell US$539 million to US$1.098 billion, while shares dropped more than 8% after hours.
SpaceX spent US$18.369 billion during the quarter, including US$15.828 billion on its artificial intelligence business.

SpaceX reported US$7.8 billion quarterly revenue, beating Wall Street’s US$6.81 billion forecast in its first public earnings report.

Digital asset holdings fell 33% to US$1.098 billion from US$1.637 billion at the end of December.

SpaceX reported 92% year-on-year revenue growth across its space, connectivity and artificial intelligence businesses.

Starlink subscribers doubled to 12 million, while AI revenue jumped 247% year-on-year to US$2.561 billion.

Following the results, SpaceX shares fell more than 8% after hours after closing 9.43% higher at US$125.33.

SpaceX held an estimated 18,712 Bitcoin (CRYPTO:BTC), although the company did not disclose its coin count in the results.

Quarterly capital spending reached US$18.369 billion, including US$15.828 billion for AI, while cash and securities totalled US$100 billion.

At the time of reporting, Bitcoin price was $64,056.65.