News/Earnings/Oct 20, 2026, 4:00 PM ET

SpaceX Q3 revenue jumps 161% to $14.58B, beating estimates; Q1 2027 revenue guided to $33-37B

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SpaceX reported third-quarter revenue of $14.58 billion, up 161% and well above the $12.72 billion analysts expected, with net income of $4.4 billion. Its AI business grew ninefold to $7.56 billion and connectivity revenue rose 69% to $5.25 billion as Starlink subscribers reached 13.6 million. The CFO guided first-quarter 2027 revenue to $33 billion to $37 billion, far above the roughly $22.2 billion consensus, and Elon Musk said Tesla and SpaceX boards have formed special committees to discuss a possible merger. Shares rose about 5% in extended trading.

  • Revenue $14.58B vs $12.72B expected; net income $4.4B
  • AI revenue $7.56B (up ninefold); connectivity $5.25B (+69%)
  • Starlink subscribers 13.6M vs 12M prior quarter
  • Q1 2027 revenue guide $33B-$37B vs about $22.2B consensus
SPCX around the story · hourlySince the story ▲ 3.38%
143.42151.55159.67SpaceX Q3 revenue jumps 161% to $14.58B, beating estimates; Q1 2027 revenue guided to $33-37B1Oct 16Oct 17Oct 18Oct 19Oct 20

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SPCX+7.19%Oct 19 · Rose 5.9%, mostly after the close, when SpaceX reported third-quarter revenue up 161% to $14.58 billion against $12.72 billion expected and guided first-quarter 2027 revenue to $33 billion to $37 billion, far above the roughly $22.2 billion consensus. AI revenue grew ninefold to $7.56 billion.
Source
CNBC
Oct 20, 2026, 4:00 PM ET
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