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American company SpaceX achieved a 91.9% increase in its revenue in the second quarter of 2026, reaching $7.81 billion, surpassing analysts' expectations of $6.93 billion by nearly 13%. This led to a 46.3% reduction in the company's losses, bringing them down to $541 million, while earnings per share decreased to $0.09. The company's revenue is led by the communications sector through the Starlink service, which experienced a 65.8% rise to $4.29 billion, with the number of subscriptions increasing to 12 million users, despite a 22.4% decline in average monthly revenue per user to $66. Additionally, the artificial intelligence sector—covering services like XAI and Grok—saw rapid growth of 247.5%, generating $2.56 billion in revenue, even though it incurred an operational loss of $1.26 billion.
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