v3.26.1
Segments (Details)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
USD ($)
Jun. 30, 2025
USD ($)
Jun. 30, 2026
USD ($)
segment
Jun. 30, 2025
USD ($)
Segment Reporting [Abstract]        
Number of operating segments | segment     3  
Number of reportable segments | segment     3  
Segment Reporting [Line Items]        
Revenue $ 7,814 $ 4,071 $ 12,508 $ 8,138
Costs and expenses        
Cost of revenue 3,495 2,282 5,883 4,244
Research and development 3,548 1,958 7,062 3,515
Selling, general, and administrative 912 606 1,658 1,099
Restructuring charges (credits) 2 190 (9) 194
Impairment 0 5 0 29
Total costs and expenses 7,957 5,041 14,594 9,081
Loss from operations (143) (970) (2,086) (943)
Interest expense (629) (411) (1,293) (858)
Interest income 340 98 553 215
Other income (expense), net (86) 413 (1,962) 202
Loss before income taxes (518) (870) (4,788) (1,384)
Supplemental segment information        
Depreciation and amortization     5,290 2,970
Share-based compensation     1,470 694
Impairment charges 0 5 0 29
Space        
Segment Reporting [Line Items]        
Revenue 962 746 1,581 1,611
Connectivity        
Segment Reporting [Line Items]        
Revenue 4,291 2,588 7,548 5,062
AI        
Segment Reporting [Line Items]        
Revenue 2,561 737 3,379 1,465
Operating Segments        
Segment Reporting [Line Items]        
Revenue 7,814 4,071 12,508 8,138
Costs and expenses        
Cost of revenue 3,495 2,282 5,883 4,244
Research and development 3,548 1,958 7,062 3,515
Selling, general, and administrative 912 606 1,658 1,099
Restructuring charges (credits) 2 190 (9) 194
Impairment   5   29
Total costs and expenses 7,957 5,041 14,594 9,081
Loss from operations (143) (970) (2,086) (943)
Interest expense (629) (411) (1,293) (858)
Interest income 340 98 553 215
Other income (expense), net (86) 413 (1,962) 202
Loss before income taxes (518) (870) (4,788) (1,384)
Supplemental segment information        
Depreciation and amortization 2,848 1,526 5,290 2,970
Share-based compensation 831 463 1,470 694
Impairment charges   5   29
Capital expenditures 18,369 2,825 28,476 6,965
Operating Segments | Space        
Segment Reporting [Line Items]        
Revenue 962 746 1,581 1,611
Costs and expenses        
Cost of revenue 329 330 610 627
Research and development 1,076 693 2,006 1,219
Selling, general, and administrative 99 87 169 175
Restructuring charges (credits) 0 0 0 0
Impairment   5   29
Total costs and expenses 1,504 1,115 2,785 2,050
Loss from operations (542) (369) (1,204) (439)
Supplemental segment information        
Depreciation and amortization 158 146 324 308
Share-based compensation 179 125 324 233
Impairment charges   5   29
Capital expenditures 1,174 946 2,226 1,705
Operating Segments | Connectivity        
Segment Reporting [Line Items]        
Revenue 4,291 2,588 7,548 5,062
Costs and expenses        
Cost of revenue 2,060 1,401 3,711 2,615
Research and development 294 143 499 266
Selling, general, and administrative 281 121 494 225
Restructuring charges (credits) 0 0 0 0
Impairment   0   0
Total costs and expenses 2,635 1,665 4,704 3,106
Loss from operations 1,656 923 2,844 1,956
Supplemental segment information        
Depreciation and amortization 805 569 1,588 1,078
Share-based compensation 136 91 252 166
Impairment charges   0   0
Capital expenditures 1,367 1,130 2,699 1,944
Operating Segments | AI        
Segment Reporting [Line Items]        
Revenue 2,561 737 3,379 1,465
Costs and expenses        
Cost of revenue 1,106 551 1,562 1,002
Research and development 2,178 1,122 4,557 2,030
Selling, general, and administrative 532 398 995 699
Restructuring charges (credits) 2 190 (9) 194
Impairment   0   0
Total costs and expenses 3,818 2,261 7,105 3,925
Loss from operations (1,257) (1,524) (3,726) (2,460)
Supplemental segment information        
Depreciation and amortization 1,885 811 3,378 1,584
Share-based compensation 516 247 894 295
Impairment charges   0   0
Capital expenditures $ 15,828 $ 749 $ 23,551 $ 3,316