SpaceX's Q3 2026 revenue reportedly jumps 161% to $14.58 billion · Digg

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SpaceX's Q3 2026 revenue reportedly jumps 161% to $14.58 billion

CNBC puts revenue above LSEG's $12.72 billion estimate and reports $4.4 billion in net income.

TLDR

CNBC reported SpaceX's third-quarter revenue at $14.58 billion, up 161% and above a $12.72 billion LSEG estimate, after the company made its report public Oct. 20. CNBC put net income at $4.4 billion, versus a $1.05 billion loss a year earlier. CNBC reported AI revenue grew ninefold to $7.56 billion, and connectivity reached $5.25 billion. CNBC said SpaceX put Starlink subscribers at 13.6 million, while launch sales grew more modestly.

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18 Sources, first seen 9h ago

Combined views

633.7K

18 Sources, first seen 9h ago

7.9K likes

Useful links

CNBC

SpaceX revenue jumps 161% driven by Starlink and AI: Live updates

Reuters

SpaceX quarterly revenue jumps, beats estimates as AI business surges

Bloomberg

SpaceX Profit Surges Past Estimates on AI and Satellite Internet Growth

9h ago

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SpaceX made its Q3 2026 earnings report public on Oct. 20. CNBC reported revenue of $14.58 billion, up 161% from a year earlier and above the $12.72 billion LSEG consensus estimate cited by the outlet.

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CNBC said SpaceX's release listed $2.8 billion in operating income and $4.4 billion in net income. SpaceX reported a $1.05 billion net loss in the same quarter a year earlier, according to CNBC.

Sentiment

Positive——Negative

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Today's Rank

#2

Today's Rank

#2

CNBC reported that revenue from SpaceX's AI business, which it says the company now calls “Super Intelligence,” rose ninefold to $7.56 billion from $813 million a year earlier. The outlet also said connectivity revenue rose 69% to $5.25 billion from $3.1 billion. SpaceX put Starlink's subscriber count at 13.6 million, up from 12 million in the preceding quarter, CNBC reported. According to CNBC, launch sales rose more modestly, to $1.77 billion from $1.67 billion a year earlier.

Sentiment

Positive——Negative

Summary

Not enough discussion yet.

No sentiment analysis available yet.

Useful Links

CNBC

SpaceX revenue jumps 161% driven by Starlink and AI: Live updates

Reuters

SpaceX quarterly revenue jumps, beats estimates as AI business surges

Bloomberg

SpaceX Profit Surges Past Estimates on AI and Satellite Internet Growth

18 Sources

@TradeWarriors99**Market update — 7:30am CT** Futures mixed ~5:30am ET (Reuters): Dow +0.2%, S&P 500 -0.1%, Nasdaq 100 -0.5% as AI names give back Monday's rebound — $MU -2.5%, $SNDK -3%, $INTC -1.7%, $QCOM -1.1% premarket; $CRWV -3.2% near a 52-wk low, $NBIS -2.9%. Loop Capital cut $AAPL to Hold from Buy ($370->$330) after supply-chain checks showed 13M iPhone shipments cut from 2026 plans; $AAPL -1% premarket (via @DeItaone). Asia sold off: KOSPI -3.7% led by Samsung and SK Hynix; Korean AI-infra IPO Elice crashed ~30% on debut after a $151M raise; European semis soft too. GS says investor risk appetite turned negative for the first time since April (via @DeItaone). Brent ~$111/bbl (+1.7%), a 5-month high, WTI near $108 (+4%) as Houthi attacks on Saudi infrastructure and Gulf vessels lift the risk premium — a fresh inflation wrinkle for the rate outlook. Weak macro: Sep housing starts -5.2% to 1.221M vs +2.0% expected; ADP hiring slowed to 18.5k jobs/week, down 29% (via @DeItaone). CME FedWatch: October hold expected, December HIKE now ~89% priced; Fed Chair Warsh optimistic on the economy, no rate guidance. $CRWV: HSBC reiterated Reduce, $39 PT (~36% downside) — 2028-30 EPS estimates 50-70% below consensus, ROIC 8.9% below borrowing costs; rising yields/debt could halt speculative neocloud builds (TheFly; via @DeItaone). Big earnings day: $GM beat Q3 ($50.02B rev vs $48.70B est; adj EPS $3.70 vs $3.63) with soft FY guide $12.75-13.75; $NFLX and SpaceX after the close ($NFLX -26% YTD); $TSLA and $META on Wed. Salesforce is buying Braze for ~$5.66B EV (via @DeItaone). AI capex keeps flowing: $AMZN pledged 16B+ euros (~$18B) for Germany in 2027 — 4.8B euros for AWS Frankfurt/AI infra, Leo satellites, 3,000+ jobs (Reuters); $CBRE buying data-center infra firm Onnec for ~$1B (WSJ); $MSFT signed a 20-year power deal with NiSource (~1.1 GW) for its Indiana data-center campus.9h

@SawyerMerrittSpaceX 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 installed1h

@YahooFinance🚨 $SPCX earnings results 🚨 💸 Revenue: $14.58B vs $12.87B estimated 🚀 Space revenue: $1.8B vs $1.4B estimated 🧠 AI revenue: $7.56B vs $6.3B estimated 💰 Net income: $4.40B vs $1.88B estimated1h

@SpaceXOur Q3 2026 earnings report is now public → https://ir.spacex.com/files/content_files/SpaceX-Reports-Third-Quarter-2026-Results.pdf The live webcast with @ElonMusk, @Gwynne_Shotwell, and @BretWJ will begin in 30 minutes1h

@CNBCSpaceX reported 161% revenue growth for the third quarter, driven by the company’s artificial intelligence business and Starlink subscriber growth. https://www.cnbc.com/2026/10/20/spacex-spcx-earnings-live-updates-q3-2026html.html?__source=twitter%7Cmain1h

@Teslarati🚨 SpaceX just reported earnings! Here are some highlights: Financial: Revenue $14.58B (+161% YoY) vs. consensus ~$12.7–12.9B Adjusted EBITDA $8.8B (+306% YoY) GAAP net income $4.4B (vs. prior-year loss; first solidly profitable quarter post-IPO) Adjusted EPS ~$0.35 vs. ~$0.13–0.16 expected Segments: Super Intelligence (SI, formerly AI): $7.56B (+830% YoY) — now the largest segment, driven by cloud contracts, Cursor, and Grok. Connectivity (Starlink): $5.25B (+69% YoY). Space: $1.77B. Other highlights: Starlink subscribers: 13.6M (+89% YoY). Nameplate compute: 1.7 GW. Capex: $19.6B (majority AI infrastructure). Cash & marketable securities: ~$90B. First revenue-generating Starship mission (26 V3 Starlink satellites, ~10× Falcon 9 downlink capacity per launch).1h

@thecsguy@SpaceX $4.4B of net income vs a $1.05B loss a year ago, while still spending $19.6B on capex in the quarter. profitable and building at full speed at the same time is a rare combo1h

@mikepat711Can the SpaceX exec team just do the Tesla earnings call too? Just come back to this room tmrw and run it back53m

@JOBhakdiThis is the most insane and most insanely bullish earnings call I have ever listened to. SPCX is basically saying they are going to take over the world from Space, within the next 12-24 months. Stock is up a meager 4.5% after hours. I love this stuff - that's why we need Pioneerlands thinking. We live in a time when someone (Elon) can tell the market they are going to make $500B-$1T ARR in 12 months, and then back it up with a whole set of metrics - and the market simply doesn't get it. Crazy times. /Cap /SPCX earnings.18m

@businessElon Musk said SpaceX and Tesla have formed special committees to explore a potential merger, a preliminary step toward what would rank as the largest corporate tie-up of all time https://www.bloomberg.com/news/articles/2026-10-20/musk-says-spacex-tesla-have-formed-committees-to-explore-merger?taid=6ad7dfb6f1222300014e3425&utm_campaign=trueanthem&utm_content=business&utm_medium=social&utm_source=twitter13m

Useful Links

CNBC

SpaceX revenue jumps 161% driven by Starlink and AI: Live updates

Related

SpaceX's third-quarter results were due after the bell on Oct. 20

CNBC cited LSEG consensus estimates of $12.72 billion in revenue and earnings of 13 cents a share.

Reuters

SpaceX quarterly revenue jumps, beats estimates as AI business surges

Bloomberg

SpaceX Profit Surges Past Estimates on AI and Satellite Internet Growth

Elon Musk Pledges to Give SpaceX Shares to Every Child in America

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Starlink speed limits reportedly disrupt Ukraine's military missions

Reuters reports Ukraine says Starlink speed limits disrupt military missions; Starlink terminals are vital for guiding longer-range drone strikes.

Ukraine says SpaceX limits Starlink operations, disrupting military

18 Sources

@TradeWarriors99**Market update — 7:30am CT** Futures mixed ~5:30am ET (Reuters): Dow +0.2%, S&P 500 -0.1%, Nasdaq 100 -0.5% as AI names give back Monday's rebound — $MU -2.5%, $SNDK -3%, $INTC -1.7%, $QCOM -1.1% premarket; $CRWV -3.2% near a 52-wk low, $NBIS -2.9%. Loop Capital cut $AAPL to Hold from Buy ($370->$330) after supply-chain checks showed 13M iPhone shipments cut from 2026 plans; $AAPL -1% premarket (via @DeItaone). Asia sold off: KOSPI -3.7% led by Samsung and SK Hynix; Korean AI-infra IPO Elice crashed ~30% on debut after a $151M raise; European semis soft too. GS says investor risk appetite turned negative for the first time since April (via @DeItaone). Brent ~$111/bbl (+1.7%), a 5-month high, WTI near $108 (+4%) as Houthi attacks on Saudi infrastructure and Gulf vessels lift the risk premium — a fresh inflation wrinkle for the rate outlook. Weak macro: Sep housing starts -5.2% to 1.221M vs +2.0% expected; ADP hiring slowed to 18.5k jobs/week, down 29% (via @DeItaone). CME FedWatch: October hold expected, December HIKE now ~89% priced; Fed Chair Warsh optimistic on the economy, no rate guidance. $CRWV: HSBC reiterated Reduce, $39 PT (~36% downside) — 2028-30 EPS estimates 50-70% below consensus, ROIC 8.9% below borrowing costs; rising yields/debt could halt speculative neocloud builds (TheFly; via @DeItaone). Big earnings day: $GM beat Q3 ($50.02B rev vs $48.70B est; adj EPS $3.70 vs $3.63) with soft FY guide $12.75-13.75; $NFLX and SpaceX after the close ($NFLX -26% YTD); $TSLA and $META on Wed. Salesforce is buying Braze for ~$5.66B EV (via @DeItaone). AI capex keeps flowing: $AMZN pledged 16B+ euros (~$18B) for Germany in 2027 — 4.8B euros for AWS Frankfurt/AI infra, Leo satellites, 3,000+ jobs (Reuters); $CBRE buying data-center infra firm Onnec for ~$1B (WSJ); $MSFT signed a 20-year power deal with NiSource (~1.1 GW) for its Indiana data-center campus.9h

@SawyerMerrittSpaceX 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 installed1h

@YahooFinance🚨 $SPCX earnings results 🚨 💸 Revenue: $14.58B vs $12.87B estimated 🚀 Space revenue: $1.8B vs $1.4B estimated 🧠 AI revenue: $7.56B vs $6.3B estimated 💰 Net income: $4.40B vs $1.88B estimated1h

@SpaceXOur Q3 2026 earnings report is now public → https://ir.spacex.com/files/content_files/SpaceX-Reports-Third-Quarter-2026-Results.pdf The live webcast with @ElonMusk, @Gwynne_Shotwell, and @BretWJ will begin in 30 minutes1h

@CNBCSpaceX reported 161% revenue growth for the third quarter, driven by the company’s artificial intelligence business and Starlink subscriber growth. https://www.cnbc.com/2026/10/20/spacex-spcx-earnings-live-updates-q3-2026html.html?__source=twitter%7Cmain1h

@Teslarati🚨 SpaceX just reported earnings! Here are some highlights: Financial: Revenue $14.58B (+161% YoY) vs. consensus ~$12.7–12.9B Adjusted EBITDA $8.8B (+306% YoY) GAAP net income $4.4B (vs. prior-year loss; first solidly profitable quarter post-IPO) Adjusted EPS ~$0.35 vs. ~$0.13–0.16 expected Segments: Super Intelligence (SI, formerly AI): $7.56B (+830% YoY) — now the largest segment, driven by cloud contracts, Cursor, and Grok. Connectivity (Starlink): $5.25B (+69% YoY). Space: $1.77B. Other highlights: Starlink subscribers: 13.6M (+89% YoY). Nameplate compute: 1.7 GW. Capex: $19.6B (majority AI infrastructure). Cash & marketable securities: ~$90B. First revenue-generating Starship mission (26 V3 Starlink satellites, ~10× Falcon 9 downlink capacity per launch).1h

@thecsguy@SpaceX $4.4B of net income vs a $1.05B loss a year ago, while still spending $19.6B on capex in the quarter. profitable and building at full speed at the same time is a rare combo1h

@mikepat711Can the SpaceX exec team just do the Tesla earnings call too? Just come back to this room tmrw and run it back53m

@JOBhakdiThis is the most insane and most insanely bullish earnings call I have ever listened to. SPCX is basically saying they are going to take over the world from Space, within the next 12-24 months. Stock is up a meager 4.5% after hours. I love this stuff - that's why we need Pioneerlands thinking. We live in a time when someone (Elon) can tell the market they are going to make $500B-$1T ARR in 12 months, and then back it up with a whole set of metrics - and the market simply doesn't get it. Crazy times. /Cap /SPCX earnings.18m

@businessElon Musk said SpaceX and Tesla have formed special committees to explore a potential merger, a preliminary step toward what would rank as the largest corporate tie-up of all time https://www.bloomberg.com/news/articles/2026-10-20/musk-says-spacex-tesla-have-formed-committees-to-explore-merger?taid=6ad7dfb6f1222300014e3425&utm_campaign=trueanthem&utm_content=business&utm_medium=social&utm_source=twitter13m