No pressure Steam Frame: Meta's mixed reality division is still haemorrhaging money, losing $4.6 billion in its second quarter of the year

For the quickest way to join, simply enter your email below and get access. It doesn't seem like things are getting any better yet, as it's just been revealed this segment of the Facebook company lost $4.6 billion in the second quarter of 2026. Its worst-performing quarter ever was Q4 of 2025 when it lost $6.02 billion, so you can see why drastic measures were taken at the start of 2026. In a poll I held in a recent article, I asked readers how much the Steam Frame should cost, and I was surprised to see 42% of people suggesting those numbers should be upwards of $899.