SpaceX tops Wall Street revenue forecast, posts $540 million loss on bitcoin holdings

CryptoInfo Editorial Team · Published on August 04, 2026 at 20:26 · Updated on August 04, 2026 · 1 min read

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Key Takeaways

→SpaceX posted its first earnings as a public company, exceeding revenue forecasts
→The company reported a $540 million loss due to its bitcoin holdings
→The earnings report comes ahead of a major insider share unlock

Disclaimer: This content is provided for informational purposes only and does not constitute financial or investment advice.

SpaceX, Elon Musk's space company, has posted its first earnings as a public company, exceeding Wall Street revenue forecasts. However, the company reported a $540 million loss on its bitcoin holdings, as per reporting from CoinDesk.

This earnings report comes ahead of a significant insider share unlock. SpaceX's revenue performance was strong, topping expectations, but the decline in the value of its bitcoin holdings had a substantial impact on its overall financial results.

Source: CoinDesk ↗

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