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BreakingStocks

SpaceX Q3 Earnings Preview: Focus on AI and Tesla Merger Speculation

First Detected: Oct 20, 2026, 8:26 AM
Last Update: 12 minutes ago
1 update

Event Summary

SpaceX is scheduled to release its third-quarter earnings report this Tuesday, with anticipated earnings per share of 13 cents on revenue of $12.8 billion. This revenue forecast represents a 64% increase over the previous year, showing significant growth compared to the loss reported in the June quarter. The report will focus on whether the company's AI business can generate sufficient revenue to offset substantial infrastructure costs. Furthermore, there is growing market speculation about a potential merger between Tesla and SpaceX to support Elon Musk's AI ambitions.

Timeline

Latest developmentabout 10 hours ago

SpaceX Reports Results Today With Revenue Expected at $12.74 Billion

The third-quarter results follow a second-quarter operating loss of $1,257 million in artificial intelligence, compared with an operating profit of $1,656 million in communications.

Read the full story

Key facts

  • SpaceX is expected to report earnings per share of 13 cents and revenue of $12.8 billion for the third quarter.
  • Market speculation is increasing regarding a potential merger between Tesla and SpaceX to bolster Elon Musk's AI ambitions.
  • SpaceX is expected to report earnings per share of 13 cents for the third quarter, compared with a loss of nine cents per share in the June quarter.
  • SpaceX revenue is projected to reach $12.8 billion, representing a 64% increase from the same period a year earlier.
  • The earnings report is scheduled for Tuesday, focusing on whether the AI business can generate enough revenue to justify enormous infrastructure costs.

Price Impact

Since event start
TSLA+0.17%