Back to today’s briefing

Story perspectives

SpaceX IPO Opens at $135, AI Revenue Soars 247%

8/10/2026

50 7 Full Breakdown

Summary

Story summary

SpaceX launched its Nasdaq IPO on June 12, 2026 at $135 per share, closing at $160.95.
Q2 2026 earnings on Aug 4 showed $7.81 billion revenue, up 92%, and a $541 million net loss.
Total capital spending reached $18.4 billion, with AI revenue rising 247% to $2.6 billion and $15.8 billion allocated to AI infrastructure.
Shares fell 13.61% on Aug 5, rose 22.53% to €115.14, and analysts upgraded them to $160 (Argus) and $240 (JPMorgan).

History

Historical Context

Amazon, founded by Jeff Bezos in 1994, launched its IPO on May 15 1997 during the dot-com bubble. The public offering gave the company capital that helped it survive the bubble’s burst in 2000, and it later diversified into cloud services with the 2002 launch of Amazon Web Services and expanded its product catalog worldwide.

1 of 2

Story summary

SpaceX launched its Nasdaq IPO on June 12, 2026 at $135 per share, closing at $160.95.
Q2 2026 earnings on Aug 4 showed $7.81 billion revenue, up 92%, and a $541 million net loss.
Total capital spending reached $18.4 billion, with AI revenue rising 247% to $2.6 billion and $15.8 billion allocated to AI infrastructure.
Shares fell 13.61% on Aug 5, rose 22.53% to €115.14, and analysts upgraded them to $160 (Argus) and $240 (JPMorgan).

1 / 2