SpaceX (SPCX): AI and Starlink Growth Drive a Profitable Quarter

Why it is trending

SpaceX reported a sharp increase in revenue and a return to quarterly profitability, led by its SuperIntelligence and satellite-connectivity businesses. Starlink subscriber growth and the addition of Cursor expanded the operating base, while substantial infrastructure investment remains an important cash-flow consideration.

Sector

SpaceX combines launch systems, satellite broadband and artificial-intelligence infrastructure.

Company information

Metric	Company profile
Sector	Industrials
Industry	Aerospace & Defense
Market capitalization	Approximately $2.01 trillion
YTD price return	Not applicable: public trading began June 12, 2026; no year-end 2025 listed closing price
Dividend yield	Unavailable: current indicated regular dividend not independently verified
Forward P/E — FY1	Unavailable: a matching one-year earnings basis was not verified

Price-dependent data as of October 20, 2026 regular-session close ($147.79). Sector classifications vary by data provider.

Recent earnings

Metric	Q3 2026 results
Revenue	$14.575 billion; +161% YoY
GAAP diluted EPS	$0.35 versus a $0.36 loss a year earlier
GAAP net income	$4.404 billion
Adjusted EBITDA — non-GAAP	$8.809 billion; +306% YoY
Capital expenditures — actual	$19.593 billion
Starlink consumer subscribers	13.6 million, up from 12.0 million in Q2
Earnings trend	Improving on absolute GAAP diluted-EPS changes: Q1/Q2/Q3 YoY changes of −$1.09 / +$0.25 / +$0.71
Sales trend	Improving: Q1/Q2/Q3 reported revenue growth of +15.4% / +91.9% / +161.4% YoY

Quarter ended September 30, 2026. EPS comparisons use absolute changes because prior periods included losses. Acquisition effects and changes in share count affect comparability; these historical trends are not forecasts.

ATA ULTIMATE SWING ALGORITHM V2 REVIEW

TF1 DAILY: BUY BIAS (SMALL DOTS).

TF2 WEEKLY: SELL BIAS (LARGE DIAMONDS).

WE PREPARE FOR THE NEXT MOVE RATHER THAN PREDICT IT.

Wednesday October 21, 2026