MEta beat on earnings with $60.8 billion for the second quarter but net income declined by 14% compared to the same quarter of the previous year to $15.8 billion. Its diluted earnings per share (EPS) fell 13% year-over-year to $6.18. The company said it expects its 2026 capital expenditures to range between $130 billion and ... Read more
A quantitative model of how Starship’s cost per kilogram falls as booster life goes from 5 to 30 flights, ship life from 1 to 10, and payload from 100 to 200 tonnes — and why the last flight of every ship is the cheapest kilogram in the system. Starship will likely enter 2027 as a ... Read more