TradingKey -SpaceX’s Q2 2026 earnings, reported on August 4, showcased their remarkable growth, boasting a 92% year-on-year revenue increase to $7.814 billion, and a 191% increase in adjusted EBITDA to $3.538 billion. Starlink reached a milestone 12 million subscribers adding 1.7 million net new subscribers in just one quarter. Starlink was projected to reach $100 billion by the end of 2026. On August 5, the stock fell 14% as many investors focused on the large $18.4 billion AI related capital expenditures, but the sentiment changed dramatically from August 6 to August 7.

The first major lockup expiration was in effect. 911.5 million (approximately $100 billion) shares were released. Argus Research Firm improved the rating on SpaceX to…