《ET Net News Agency, 21st Special Report》SpaceX (US.SPCX) announced that its third-quarter revenue, ended September 30, 2026, surged 161% year-on-year to $14.575 billion (USD, same below), exceeding analysts' expectations of $12.72 billion. SpaceX's stock rose more than 8% in after-hours trading, while Tesla (US.TSLA) gained over 1%.
Artificial intelligence and superintelligence businesses became the main growth drivers, generating revenue of $7.56 billion during the period, an increase of over eightfold year-on-year; communications business revenue grew 69% to $5.248 billion, with its Starlink consumer user base increasing to 13.6 million. Space business revenue stood at $1.767 billion. The company recorded a net profit of $4.4 billion, significantly surpassing market expectations and a marked improvement from the second-quarter loss of $541 million.
Operating profit for the period reached $2.791 billion, and adjusted EBITDA amounted to $8.809 billion. However, the company's capital expenditures for the third quarter were as high as $19.593 billion, with AI business accounting for $16.444 billion, reflecting the company's ongoing substantial investment in computing infrastructure.
Elon Musk, CEO of both SpaceX and Tesla (US.TSLA), said on Tuesday (20th) during SpaceX's earnings call that SpaceX and Tesla have established special committees to explore a potential merger. If ultimately advanced, this could become the largest corporate merger in history.
He said: "I do believe there are many benefits to merging the two companies. We are almost reaching the technological singularity of superintelligence, and collaborating on developing superintelligence software would be highly beneficial." (yc)
Artificial intelligence and superintelligence businesses became the main growth drivers, generating revenue of $7.56 billion during the period, an increase of over eightfold year-on-year; communications business revenue grew 69% to $5.248 billion, with its Starlink consumer user base increasing to 13.6 million. Space business revenue stood at $1.767 billion. The company recorded a net profit of $4.4 billion, significantly surpassing market expectations and a marked improvement from the second-quarter loss of $541 million.
Operating profit for the period reached $2.791 billion, and adjusted EBITDA amounted to $8.809 billion. However, the company's capital expenditures for the third quarter were as high as $19.593 billion, with AI business accounting for $16.444 billion, reflecting the company's ongoing substantial investment in computing infrastructure.
Elon Musk, CEO of both SpaceX and Tesla (US.TSLA), said on Tuesday (20th) during SpaceX's earnings call that SpaceX and Tesla have established special committees to explore a potential merger. If ultimately advanced, this could become the largest corporate merger in history.
He said: "I do believe there are many benefits to merging the two companies. We are almost reaching the technological singularity of superintelligence, and collaborating on developing superintelligence software would be highly beneficial." (yc)
