Starlink generated $2,844 million in operating profit in the first half of 2026, but massive AI spending dragged SpaceX into a $1,549 million TTM net loss.
Space Exploration Technologies Corp (SpaceX) operates 3 business segments: Space, Connectivity, and AI. According to its 424B4 prospectus, the company was founded in 2002 and sells rocket launches, satellite internet subscriptions, and AI compute capacity. Over the last twelve months, the company generated $11,885 million in revenue and a net loss of $1,549 million. Strengths: The Connectivity seg