$SPCX | 𝐒𝐩𝐚𝐜𝐞𝐗 𝐐𝟐 𝐄𝐚𝐫𝐧𝐢𝐧𝐠𝐬 𝐑𝐞𝐩𝐨𝐫𝐭: Revenue: $7.81B (↑92% YoY) | GAAP EPS: ($0.09) | Adjusted EBITDA: $3.54B 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬 ➤ Completed 𝐭𝐰𝐨 𝐬𝐮𝐜𝐜𝐞𝐬𝐬𝐟𝐮𝐥 𝐒𝐭𝐚𝐫𝐬𝐡𝐢𝐩 𝐕𝟑 flight tests within 90 days. ➤ Closed 𝐂𝐥𝐨𝐮𝐝 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬 𝐀𝐠𝐫𝐞𝐞𝐦𝐞𝐧𝐭𝐬 totaling 𝐁𝐚𝐜𝐤𝐥𝐨𝐠 $𝟏𝟒.𝟏𝐁 in contracted sales. ➤ Announced 𝐂𝐮𝐫𝐬𝐨𝐫 𝐚𝐜𝐪𝐮𝐢𝐬𝐢𝐭𝐢𝐨𝐧 for 𝐁𝐚𝐜𝐤𝐥𝐨𝐠 $𝟔𝟎𝐁 to expand AI enterprise offerings. ➤ Released 𝐆𝐫𝐨𝐤 𝟒.𝟓, the company's most advanced AI model. ➤ 𝐒𝐭𝐚𝐫𝐥𝐢𝐧𝐤 𝐬𝐮𝐛𝐬𝐜𝐫𝐢𝐛𝐞𝐫𝐬 doubled YoY to 𝟏𝟐.𝟎𝐌. ➤ Signed major airline connectivity agreements including 𝐀𝐦𝐞𝐫𝐢𝐜𝐚𝐧 𝐀𝐢𝐫𝐥𝐢𝐧𝐞𝐬. ➤ Launched new mobile partnerships with 𝐒𝐨𝐟𝐭𝐁𝐚𝐧𝐤, 𝐍𝐓𝐓 𝐃𝐨𝐜𝐨𝐦𝐨, and 𝐒𝐩𝐚𝐫𝐤 𝐍𝐙. ➤ Awarded over 𝐔𝐒$𝟔𝐁 in multi-year 𝐒𝐭𝐚𝐫𝐬𝐡𝐢𝐞𝐥𝐝 government contracts. ➤ Expanded AI compute capacity to 𝟏.𝟒 𝐆𝐖 from 𝟎.𝟒 𝐆𝐖 a year ago. ➤ AI achieved 𝐩𝐨𝐬𝐢𝐭𝐢𝐯𝐞 𝐀𝐝𝐣𝐮𝐬𝐭𝐞𝐝 𝐄𝐁𝐈𝐓𝐃𝐀 of $1.15B. ➤ Completed historic 𝐈𝐏𝐎, raising approximately $85.7B in net proceeds. ➤ Issued $25B inaugural investment-grade bonds to support long-term growth. 𝐂𝐅𝐎 𝐒𝐭𝐚𝐭𝐞𝐦𝐞𝐧𝐭 “2026 has been a momentous year so far, and the second quarter demonstrated the true power of SpaceX. Revenue growth accelerated across all our business segments and we delivered strong operating leverage, with significant margin expansion led by our new AI compute agreements. Our unparalleled leadership in launch, Starlink subscriber growth, new enterprise and government partnerships, and best-in-class AI infrastructure underscore our ability to drive meaningful scale and deliver attractive returns. As a newly public company, we are delighted to welcome our broad base of shareholders and bondholders. We ended the second quarter with $100 billion of cash, cash equivalents, and marketable securities, and $47.5 billion in backlog. This financial strength gives us substantial capacity to invest in Starship, Starlink Broadband and Mobile satellites, and our AI platform, while maintaining a disciplined long-term capital allocation framework.”