Meta, Tesla, SpaceX, and Netflix Release Q2 Earnings: Mixed Results and Legal Headwinds
Current overview (not historical)
Meta reported Q2 operating expenses of $3.11 billion, with $1.58 billion allocated to AI, and announced a 2026 cap‑ex plan of $13–14.5 billion for devices and data centers. The company’s share price fell over 7% after it disclosed a $1 billion legal expense related to child‑harm allegations, and its profit outlook fell short of expectations. SpaceX posted $1.84 billion in Q2 spend, of which $1.58 billion was AI‑related, and adjusted its AI business to a $1.1 billion profit. Tesla’s Q2 earnings per share were $0.33, below the $0.55 forecast. Netflix generated $12.86 billion in Q2 revenue; it projects advertising revenue of roughly $3 billion in 2026.
Written with AI from the reporting · updated 10/18/2026
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- 1Unclassified fact stationOct 19, 00:00recorded Oct 19, 07:54single source
Meta、Tesla、SpaceX、Netflix本周财报发布
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- Subject：
- Meta
- Action：
- 发布2026财年设备及数据中心支出预测
- Object：
- 设备及数据中心支出预测
- Occurred (fact side)：
- Oct 19, 00:00
- Published (valid side)：
- Oct 19, 07:00
- First seen (known side)：
- Oct 19, 07:54
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- BeInCryptoRelated fact: single sourceMeta, Tesla, SpaceX and Netflix prepare quarterly earnings amid AI spending scrutiny
Report first recorded Oct 19, 07:54
Meta plans up to $145 billion in 2026 equipment and data center spending, with $31.1 billion spent in Q2 leaving $784 million in free cash flow; its shares fell over 7% after profit missed estimates. SpaceX spent $18.4 billion in Q2, $15.8 billion on AI, and posted a $541 million loss, though its AI unit turned a $1.1 billion adjusted profit. Tesla delivered 486,532 cars in Q2 but earned $0.33 per share against a $0.55 estimate, with margins slipping. Netflix forecast $12.86 billion in revenue and about $3 billion in 2026 ad sales.
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