SpaceX doubles revenues on Anthropic and Google compute deals, Starlink growth
SpaceX has doubled its revenue compared to last year, largely due to the growth of its Starlink satellite internet service and deals with Anthropic and Google. The company's total sales grew from $4 billion to $7.8 billion, a jump of 92%, with nearly $2 billion coming from its AI division and $1.7 billion from Starlink. SpaceX's market cap has suffered since going public, with shares closing at just over $125 on Tuesday and sinking as much as 8% in after-hours trading.
- ▪SpaceX's revenue doubled compared to last year, growing from $4 billion to $7.8 billion.
- ▪The company's AI division contributed nearly $2 billion to the growth, while Starlink revenue grew by $1.7 billion.
- ▪SpaceX raised more than $85 billion and went public at a valuation of $1.75 trillion, but its market cap has since suffered.
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| Original publisher | TechCrunch |
| Canonical URL | https://techcrunch.com/2026/08/04/spacex-doubles-revenues-on-anthropic-and-google-compute-deals-starlink-growth/ |
| Publication time | Tue, 04 Aug 2026 20:36:30 +0000 |
| Retrieval time | 2026-08-04T20:40:47.040Z |
| Last seen | 2026-08-04T20:40:47.040Z |
| Headline source | Publisher (no WeSearch rewrite) |
| Excerpt source | publisher body |
| Excerpt method | First ~120 words (~800 chars) of extracted publisher body, fair-use limited. |
| Summary | WeSearch · cerebras-chat (WeSearch summarizer) |
| Summary source text | contentText |
| Citation coverage | Summary is a WeSearch-generated derivative; primary citation is the original publisher URL. |
| Cluster | wtY4yB6PbMps · 1 stories |
| Cluster logic | Grouped by semantic title/content similarity across sources within a rolling window. Same-publisher template collisions are excluded from coverage comparison. |
| Ranking reason | Story pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking. |
| Publisher visit | Yes — open original |
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| AI summary | May WeSearch generate its own short summary of the article? | Limited |
| Retrieval / RAG | May the content be exposed for third-party retrieval-augmented generation? | Not asserted |
| Model training | May the content be used to train AI models? | Not asserted |
| Commercial reuse | May the content be reused commercially? | Not permitted |
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Opening excerpt (first ~120 words) tap to expand
SpaceX doubled its revenue compared to last year, in large part thanks to the growth of its Starlink satellite internet service and deals it struck to rent out computing power to Anthropic and Google, the company revealed in its first quarterly earnings since going public. Total sales grew from $4 billion in the second quarter of 2025 to $7.8 billion in Q2 2026, a jump of 92%. Nearly $2 billion of that growth came from its AI division, while Starlink revenue also grew by $1.7 billion. SpaceX’s first quarterly earnings report was released nearly two months after the company pulled off the largest IPO in history. SpaceX raised more than $85 billion and went public at a valuation of $1.75 trillion.
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