SpaceX's internal financials point to Starlink as the primary engine of the company's revenue growth, with the satellite internet division emerging as the dominant commercial contributor to the broader business. The figures underscore a structural shift: what began as a connectivity experiment is now the financial backbone supporting SpaceX's more capital-intensive launch and exploration programs. Starlink's recurring subscription model generates predictable cash flow at scale, insulating SpaceX from the lumpy revenue cycles typical of government launch contracts. That dynamic matters for valuation conversations, as investors and analysts assessing SpaceX's private-market price have historically anchored on launch cadence rather than consumer-facing subscription economics. The near-term question is whether Starlink's subscriber growth and average revenue per user can sustain the trajectory as the division expands into maritime, aviation, and enterprise verticals, each carrying different margin profiles than the residential base.
Flipkart will launch a food delivery pilot in Bengaluru by mid-August, charging restaurants a 10-11% commission compared to the 25-35% levied by Swiggy and Zomato. The move targets growing restaurant discontent with incumbent platforms and aims to drive daily engagement across Flipkart's 500 million registered users.
Maruti Suzuki crossed two lakh domestic units in July 2026 for the first time, recording 42.4% year-on-year growth. Total sales including exports and OEM supplies reached 2,41,421 units, with all passenger vehicle segments posting gains.
Air India's net loss more than doubled to ₹22,238 crore in FY26, prompting Tata Sons chairman N Chandrasekaran to extend the Vihaan.AI turnaround timeline from five years to as long as a decade.
UpGrad's all-stock acquisition of Unacademy, valued at Rs 1,955 crore, is set to close within three weeks after CCI clearance and near-complete investor sign-offs. The deal combines upGrad's upskilling business with Unacademy's test prep and medical education platforms, with Gaurav Munjal staying on as CEO.
