StocksMedium•9 November 2026•
1 min read
SpaceX Revenue Surges 161% on AI Compute Demand and Strong Guidance
Key Facts
1SpaceX Q3 revenue surged 161% year-over-year to $14.6 billion.
2The company issued Q1 2027 revenue guidance of $33-37 billion.
3The final major share lockup expires on December 8, potentially impacting valuation.
SpaceX Q3 revenue surged 161% year-over-year to reach $14.6 billion. Seeking Alpha reported that the company issued revenue guidance for the first quarter of 2027 ranging between $33 billion and $37 billion. This growth is primarily driven by the AI segment through leasing compute capacity to major technology firms.
SPCX closed at $134.27 on November 6, 2026, as markets monitor December 8, 2026, for the expiry of the final major share lockup which could impact valuation. On the same date, TSLA closed at $358.22 and GOOGL closed at $284.78, with the AI compute business now established as a primary revenue driver.