TradingKey – SpaceX ( SPCX) released its second-quarter fiscal 2026 financial results on August 4, Eastern Time. Following the release, SPCX’s after-hours stock price fell over 8% at one point. As of press time, the decline narrowed to 5%, trading at $118.14.

During the period, SpaceX’s revenue increased by 92% year-over-year to $7.814 billion, far exceeding the market expectation of $6.93 billion, with revenues from all three major business segments beating market expectations.

[SPCX Stock Price Chart, Source: TradingView]

Specifically, revenue from the Connectivity segment (including Starlink) grew 66% year-over-year to $4.291 billion, higher than the market expectation of $3.83 billion. Revenue from the Artificial Intelligence (AI)…