SpaceX Signed $14.1 Billion of Cloud Contracts in a Single Quarter. Its AI Segment Revenue Hit $2.56 Billion.

Published August 7, 2026 · Category: Finance

Overview

SpaceX (NASDAQ: SPCX) is still best known for rockets and for Starlink, its satellite internet service. But the second-quarter report it delivered Tuesday (its first as a public company) was largely about something else: selling artificial intelligence (AI) computing capacity.

During the quarter, SpaceX signed Cloud Services Agreements totaling $14.1 billion in contracted sales, nearly twice the $7.8 billion of revenue the entire company produced in the period.

Details

And the buying hasn't stopped. On the earnings call, chief financial officer Bret Johnsen said the company contracted an additional $6.7 billion of cloud services revenue in the first weeks of the current quarter, covering a six-month stretch that starts ramping in October.

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Source

Originally published at www.fool.com.

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