SpaceX reports USD 4.4 billion profit as SpaceX stock trades at EUR 132.14
Published on 10/26/2026 at 12:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSSpaceX expands beyond satellites
- SpaceX posted USD 4.40 billion in net income for the third quarter on October 20, 2026.
- Third-quarter revenue rose 161.00 percent to USD 14.58 billion, led by connectivity and artificial intelligence.
- SpaceX stock traded at EUR 132.14 at 12:00 p.m. CEST at Lang & Schwarz on October 26, 2026.
SpaceX (ISIN US84615Q1031) reported USD 4.40 billion in net income for the third quarter on October 20, 2026, marking a sharp turnaround as revenue climbed 161.00 percent year over year to USD 14.58 billion. CNBC reported that the results exceeded consensus estimates, with artificial intelligence and Starlink driving the expansion.
Revenue shifts toward connectivity
The quarter's revenue mix shows why the earnings report matters for the newly listed company. Connectivity revenue, mostly from Starlink, reached USD 5.25 billion, up 69.00 percent from the year-earlier quarter, while the artificial intelligence segment generated USD 7.56 billion, compared with USD 813.00 million a year earlier, according to CNBC.
The profit also came with heavy investment. Capital spending reached USD 19.60 billion in the third quarter, while the company projected fourth-quarter capital spending of USD 35.00 billion to USD 40.00 billion. That spending profile makes execution in cloud infrastructure and Starlink central to the stock's valuation.
What is driving the expansion?
SpaceX's recent announcements show a broader strategy than launch services alone. On October 8, 2026, the company announced a portfolio of nationwide low-band spectrum licenses of up to 14 megahertz for Starlink Mobile and cited final FCC approval as a condition for deployment, according to its SpaceX update.
Three milestones in 2026
On August 6, 2026, SpaceX described Terafab as a planned semiconductor facility exceeding 100 million square feet, with at least 3,000 jobs and an initial investment of USD 16.80 billion from SpaceX and Tesla. On October 8, 2026, it outlined Starlink Mobile's up-to-14-megahertz spectrum portfolio. The October 20, 2026 earnings report then recorded USD 14.58 billion in quarterly revenue and USD 4.40 billion in net income.
Stock value after the earnings report
SpaceX is listed on Nasdaq under ticker SPCX, and its market capitalization was USD 1.94 trillion as of October 25, 2026. The company operates across launch services, satellite broadband and artificial intelligence infrastructure, leaving investors to weigh rapid revenue growth against capital intensity.
SpaceX stock was trading at EUR 132.14 at Lang & Schwarz on October 26, 2026 at 12:00 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of SpaceX stock.
SpaceX stock at a glance
- Company: Space Exploration Technologies Corp.
- ISIN: US84615Q1031
- Ticker: SPCX
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 26, 2026, 12:00 p.m. CEST): EUR 132.14
- Market capitalization: USD 1.9 trillion (as of October 25, 2026)
- Sector / Industry: Communication Services / Wireless Telecommunications Services
Market context: Market report S&P 500.
