SpaceX reports USD 14.58 billion revenue. SpaceX stock is 32.13 percent below its high.
Published on 10/23/2026 at 11:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAI revenue reshapes SpaceX
- On October 20, 2026, SpaceX posted USD 14.58 billion in third-quarter revenue.
- Super Intelligence revenue reached USD 7.56 billion in the third quarter of 2026.
- SpaceX stock trades at EUR 131.95 at 11:34 a.m. CEST at Lang & Schwarz on October 23, 2026.
- Starlink reached 13.6 million subscribers in the third quarter of 2026.
SpaceX (ISIN US84615Q1031) reported USD 14.58 billion in third-quarter revenue on October 20, 2026, while net income reached USD 4.40 billion. According to CNBC, revenue exceeded the USD 12.72 billion consensus estimate and adjusted earnings per share came to USD 0.45 versus USD 0.13 expected.
AI becomes the earnings engine
The quarterly result marked a sharp financial turnaround. Net income compared with a USD 1.05 billion loss in the year-earlier quarter, while operating income reached USD 2.80 billion. Fortune reported that the company had posted its first operating profit as a public company.
Chronology shows a wider platform
On February 2, 2026, SpaceX said it had acquired xAI to combine artificial intelligence and space infrastructure, according to the company update. On October 8, 2026, SpaceX announced an agreement covering up to 14 megahertz of paired 800 MHz spectrum for Starlink Mobile and said the Federal Communications Commission had approved a 15,000-satellite Gen2 constellation, as stated by SpaceX. On October 20, 2026, the company reported USD 7.56 billion in Super Intelligence revenue and USD 5.25 billion in connectivity revenue.
What does the AI mix mean for margins?
Super Intelligence revenue rose from USD 813 million in the year-earlier quarter, while connectivity revenue increased 69 percent to USD 5.25 billion. Starlink subscribers reached 13.6 million, up from 12.0 million in the prior period. The trade-off is capital intensity: SpaceX spent USD 19.60 billion in capital expenditures during the quarter, with more than USD 16.40 billion directed to its AI business, according to CNBC.
Stock valuation remains elevated
SpaceX stock has a 52-week range of EUR 91.00 to EUR 194.40, putting the Lang & Schwarz price 32.13 percent below the high. Market capitalization stood at EUR 2.2 trillion on October 22, 2026. The company held its third-quarter earnings event on October 20, 2026, according to SpaceX.
Price stays below the yearly high
The valuation now rests on whether AI infrastructure can keep expanding faster than the launch business. The Nasdaq-listed stock was trading at EUR 131.95 at Lang & Schwarz on October 23, 2026 at 11:34 a.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 23, 2026, 11:34 a.m. CEST): EUR 131.95
- Market capitalization: EUR 2.2 trillion (as of October 22, 2026)
- 52-week range: EUR 91.00-194.40 (as of October 22, 2026)
- Sector / Industry: Communication Services / Wireless Telecommunications Services
Market context: Market report S&P 500.
