Starlink

SpaceX reported second-quarter revenue of $7.8 billion, exceeding Wall Street expectations and narrowing its net loss from a year earlier. The company also disclosed that the value of its bitcoin holdings fell to $1.10 billion from $1.64 billion at the end of 2025.

Major brokerages have begun formal coverage of SpaceX after the 25-day post-IPO quiet period expired, with most firms issuing buy-equivalent ratings. Price targets range from $205 to $800 as analysts focus on launch services, Starlink broadband and government contracts.