Space Exploration Technologies Corp. reported second quarter 2026 financial results with revenues of $7.8 billion, a 92% year-over-year increase, and an adjusted EBITDA of $3.5 billion. The company announced a definitive agreement to acquire Cursor for $60 billion to expand its AI enterprise capabilities. Additionally, SpaceX secured $14.1 billion in contracted sales through new Cloud Services Agreements and received over $6 billion in multi-year U.S. government contracts for Starshield. Operational highlights include 78 total launches and the completion of two successful Starship V3 flight tests. The company operates in the aerospace, satellite connectivity, and artificial intelligence industries.
