SpaceX ($SPCX) reported third-quarter 2026 revenue of $14.6 billion, up 161% year over year and above Wall Street expectations of approximately $12.7 billion. The company reported $4.4 billion in net income, $0.35 in diluted earnings per share, and $8.8 billion in adjusted EBITDA.
- Operating income reached $2.8 billion, compared with a $273 million operating loss a year earlier.
- Starlink consumer subscribers reached 13.6 million, up from 12 million in June and 7.2 million a year earlier.
- Connectivity revenue rose 69% to $5.25 billion, with $2.37 billion in operating income.
- Super Intelligence revenue reached $7.56 billion, up from $813 million a year earlier.
- SpaceX reported $19.6 billion in quarterly capital expenditures, including $16.4 billion for Super Intelligence infrastructure.
- The company completed its first revenue-generating Starship mission, deploying 26 Starlink V3 satellites.
- SpaceX ended September with 1.7 gigawatts of nameplate computing capacity.
Relevant Companies
- SpaceX ($SPCX) - Reported higher revenue and profitability across its Connectivity and Super Intelligence businesses.
Editor’s Note: This is a developing story. This article may be updated as more details become available.