Space Exploration Technologies Reports Q3 Revenue of $14.6 Billion
Space Exploration Technologies reported Q3 2026 net income of $4.4 billion and Adjusted EBITDA of $8.8 billion. The company described a sharp year-over-year turnaround and rapid growth in its Super Intelligence segment.
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08:04:58 PM UTC
SquawkNews
Elon Musk's SpaceX NASDAQ:SPCX on Tuesday reported a 161% rise in revenue for the third quarter, beating estimates, buoyed by a surge in its AI business and steady growth at its Starlink satellite-internet unit.Revenue in the third quarter stood at $14.6 billion, compared with analysts' estimate of…
Space Exploration Technologies reported third-quarter 2026 revenue of $14.6 billion and net income of $4.4 billion, a sharp turnaround from a year earlier. Adjusted EBITDA totaled $8.8 billion. The company also pointed to rapid growth in its Super Intelligence segment and continued e…