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SpaceX is accelerating its growth trajectory at an unprecedented pace, posting a massive 92% surge in Q2 revenue to reach $7.8 billion. This growth is being propelled by rapid scaling across its launch and satellite connectivity operations. To support this expansion, capital expenditures reached $18.4 billion, with more than $15 billion directed toward critical AI compute infrastructure. With management projecting a $100 billion annualized revenue run rate by December and pulling their $1 trillion target forward to 2030, SpaceX continues to reframe commercial aerospace expectations.
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