SpaceX Q3 revenue reaches $14.58 billion, beating estimates
- SpaceX (NASDAQ:SPCX) generated $14.58 billion in third-quarter 2026 revenue, exceeding Bloomberg's consensus estimate of $12.7 billion by approximately 14.8%.
- Adjusted EBITDA reached $8.81 billion, above the $6.59 billion forecast, while capital expenditures totaled $19.59 billion, largely reflecting AI computing infrastructure investments.
- SpaceX shares were reported at $147.79 following the earnings announcement, while investors assessed the company's expanding AI business, Starlink operations and substantial capital spending.
SpaceX (NASDAQ:SPCX) generated third-quarter 2026 revenue of $14.58 billion, exceeding analysts' $12.7 billion forecast as its AI and connectivity businesses expanded.
Adjusted EBITDA reached approximately $8.81 billion, compared with the cited $6.59 billion estimate, while capital spending remained substantially higher than quarterly earnings.
The results represent a sharp increase from second-quarter revenue of $7.8 billion and adjusted EBITDA of $3.5 billion, according to previous company disclosures.
Capital expenditures totaled $19.59 billion during the quarter, reflecting heavy investment in AI data centers, computing capacity and supporting infrastructure.
SpaceX shares traded around $147.79 following the announcement.
The company's second-quarter results included a $541 million net loss, making the latest reported earnings performance an important development in its financial trajectory.
SpaceX completed its Nasdaq listing in June 2026 and operates across satellite connectivity, launch services and artificial intelligence, with Starlink remaining a major business.
