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SpaceX beats revenue expectations in first earnings report after IPO crash

Company posts $7.81bn in revenue, a jump of 92%, after share prices crashed following IPO debut For the first time since SpaceX went public, the world is getting a first-hand look into the trillion-dollar corporation’s financials. The Elon Musk -run business reported its second-quarter earnings on Tuesday, saying that its revenue jumped 92% since June. SpaceX beat Wall Street expectations, reporting $7.81bn in reven…

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SpaceX, in First Earnings After IPO, Reports Soaring AI Spending NYTimes – Business
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Elon Musk’s rocket company said its capital expenditures jumped nearly seven times from a year ago. Revenue also rose.

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US
Guardian

SpaceX beats revenue expectations in first earnings report after IPO crash

Lead source Read at Guardian
SpaceX, in First Earnings After IPO, Reports Soaring AI SpendingNYTimes – Business
NYT

SpaceX, in First Earnings After IPO, Reports Soaring AI Spending

Elon Musk’s rocket company said its capital expenditures jumped nearly seven times from a year ago. Revenue also rose.

Supporting source Read at NYT
US
CBS

SpaceX shows strong growth in its first earnings report since IPO

Elon Musk's rocket, satellite and AI provider reported quarterly revenue of $7.8 billion, topping Wall Street forecasts.

Supporting source Read at CBS
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New York Archdiocese Agrees to Settle Sexual Abuse Claims for Over $800 MillionNYTimes – US
US Established

New York Archdiocese Agrees $800m Abuse Settlement

The Archdiocese of New York has agreed to pay around $800 million to approximately 1,300 survivors of sexual abuse by clergy members and lay workers, according to attorneys and the archdiocese. The settlement, reported on 24–25 October 2026, is one of the largest clergy abuse payouts in the United States and may allow the archdiocese to avoid bankruptcy. It follows an $880 million settlement by the Archdiocese of Los Angeles in 2024.

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