Posted on 10/20/2026 3:53:43 PM PDT by SmokingJoe
SpaceX reported a sharp beat for the third quarter of 2026, with earnings per share of $0.35 versus analyst expectations of $0.13 and revenue of $14.58 billion versus a forecast of $12.87 billion. The company also said net income reached $4.4 billion, reversing a $1.1 billion loss a year earlier, while adjusted EBITDA climbed to $8.8 billion. Shares rose 6.63% in after-hours trading to $157.59 after closing the regular session at $147.79, suggesting investors welcomed both the profit surprise and the company’s faster-than-expected growth.
Key Takeaways SpaceX posted a large earnings beat, with EPS more than doubling Wall Street’s forecast. Revenue rose 161% from a year earlier, showing broad-based growth across the business. Net income turned positive by $5.5 billion year over year, a major shift in the company’s financial profile. The company said its super intelligence compute business and Starlink connectivity unit were key growth drivers. Shares moved higher after hours, indicating a positive investor reaction to the results and outlook.
Company Performance SpaceX said Q3 was marked by strong operating leverage and rapid expansion across all three of its main businesses: launch, connectivity and super intelligence. Revenue of $14.6 billion was up from $5.6 billion in the same quarter last year, while adjusted EBITDA more than tripled from $2.2 billion.
The company’s results suggest that scale is beginning to show through in earnings. Management said the business reached a profitability inflection, helped by recurring Starlink revenue, a larger SI infrastructure business and better operating leverage. The balance sheet, the company said, remains strong enough to support continued investment.
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Patting myself on the back for buying IPO shares at the IPO price. But I bought them to give to the kids and grandkids to get them interested.
SpaceX has just released its Q3 earnings results.
Highlights:
• Revenue: $14.58B (+161% YoY; vs. $12.7B est)
• Adjusted EBITDA: $8.81B (+306% YoY)
• Net income (GAAP): $4.40B (vs. $1.05B loss YoY)
• Capex: $19.59B (+185% YoY)
• Starlink subs: 13.6M (+89% YoY)
• Cash & marketable securities: $90B
Revenue by segment:
• Space: $1.77B (+6% YoY)
• Connectivity: $5.25B (+69% YoY)
• SI (formerly AI): $7.56B (+830% YoY)
• 1.7 GW of compute installed
“I bought them to give to the kids and grandkids to get them interested.”
~~~~~~~
I can’t wait for SPCX to start paying dividends for us ‘old’ investors.
Buying shares for grandchildren with DRIP is a great idea. Those kids will become wealthy.
https://freerepublic.com/focus/f-chat/4399818/posts
Elon is giving one share for every kid. What a wonderful gesture.
HIS MIDDLE NAME SHOULD BE “MIDAS”
Elon Musk: The UNTHINKABLE’s About to Happen to SpaceX!
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