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SpaceX SPCX AI — Impairment

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Space
$5M
Connectivity
$0

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Other financials

Income statement

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Revenue$7.8B+91.9%
Gross profit$4.3B+141%
Operating income-$143.0M+85.3%
Net income-$541.0M+46.3%
EPS (diluted)-$0.09+73.5%

Balance sheet

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Cash & equivalents$93.5B
Total debt$40.8B
Total equity$127.22B+2,339%
Total assets$192.77B

Valuation

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Market cap$1.43T-32.2%
Enterprise value$1.37T

Returns & leverage

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Debt / equity0.3×
Current ratio5.1×

Where this comes from

Reported directly by SpaceX in its filing.

Tagged under the XBRL concept us-gaap:ImpairmentOfLongLivedAssetsHeldForUse.

The source filing: SpaceX’s 10-Q, filed August 4, 2026.

Filed
Aug 4, 2026, 4:05 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-052535
Line itemThree Months Ended June 30, 2025 / SpaceThree Months Ended June 30, 2025 / ConnectivityThree Months Ended June 30, 2025 / AIThree Months Ended June 30, 2025 / Total Reportable Segments
Research and development6931431,1221,958
Selling, general, and administrative87121398606
Restructuring charges190190
Impairment55
Total costs and expenses1,1151,6652,2615,041
Income (loss) from operations(369)923(1,524)(970)
Interest expense(411)
Interest income98

Item 1. Statements

FAQ

What is SpaceX's AI — impairment?
SpaceX (SPCX) reported AI — impairment of $0 in Q2 2025.
What does AI — impairment mean?
Impairment reported for the AI segment.

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