# Orbiting AI data centers

Type: Product

Source: Finance Intelligence Brief — https://getfinancebrief.com/entity/orbiting-ai-data-centers
Canonical HTML page: https://getfinancebrief.com/entity/orbiting-ai-data-centers

## Timeline

- **2026-08-04**: Q2 2026 earnings release — First public quarterly report: revenue $7.8B, net loss $541M, capex $18.4B. Stock closed at $125.33 after a volatile session, giving back a pre-earnings pop of over 9%.
- **2026-06-15**: Intraday price peak — Shares hit an intraday high of $225.64, giving SpaceX a market capitalization soaring into the trillions.
- **2026-06-12**: SpaceX IPO — SpaceX launched its initial public offering, raising $75 billion at $150 per share on the Nasdaq – the largest IPO in history.

## Recent coverage (1 stories)

### SpaceX Q2 revenue doubles to $7.8B but stock sinks 16.4% below IPO
2026-08-05 04:05:13 · Sentiment: Neutral · Impact: 5/10 · Sources: 13

SpaceX’s first post-IPO report showed revenue nearly doubling to $7.8 billion and a narrower loss of $541 million, but $18.4 billion in capex and cooling AI hype pushed shares 16.4% below the $150 offer price, erasing over $1 trillion in market value from the mid-June peak.
Full story: https://getfinancebrief.com/story/spacex-q2-revenue-doubles-stock-sinks-16-percent-below-ipo

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