SpaceX ($SPCXB ) reports Q3 earnings after the market closes tonight. What should we expect?
Revenue is expected to be around $12.9–13.0 billion (up about 65% from last quarter’s $7.8 billion)
Adjusted EPS is expected to be around $0.15
Growth is mainly driven by renting out AI computing capacity (as contracts with Anthropic, Google, and others start to come through), while Starlink continues to generate steady profits
Revenue should look strong, but the market may be more focused on whether the cash burn is slowing and whether AI can start generating real profits!
$SPCX is currently around $148
Key support levels
146–147: Recent support; a break below could accelerate the decline
140–143: Stronger support zone
Around 135: Near the IPO price; a psychological threshold
Below that, watch 105 (this year’s low)
Key resistance levels
150–151: First resistance
153–155: Stronger resistance
Above 160: Would take a significant earnings beat to hold
Trading outlook
Before earnings: Cautious; volatility is likely to increase
Beat expectations + no acceleration in cash burn → could have a chance to test 150–155
Strong revenue but sharply higher capex or cautious guidance → could easily break below 146 and test around 140
This is just the short-term outlook for tonight. Longer term, the key direction will depend on what management says about reaching $100 billion in ARR by year-end and deploying computing capacity.
#SpaceX第三季度财报
Revenue is expected to be around $12.9–13.0 billion (up about 65% from last quarter’s $7.8 billion)
Adjusted EPS is expected to be around $0.15
Growth is mainly driven by renting out AI computing capacity (as contracts with Anthropic, Google, and others start to come through), while Starlink continues to generate steady profits
Revenue should look strong, but the market may be more focused on whether the cash burn is slowing and whether AI can start generating real profits!
$SPCX is currently around $148
Key support levels
146–147: Recent support; a break below could accelerate the decline
140–143: Stronger support zone
Around 135: Near the IPO price; a psychological threshold
Below that, watch 105 (this year’s low)
Key resistance levels
150–151: First resistance
153–155: Stronger resistance
Above 160: Would take a significant earnings beat to hold
Trading outlook
Before earnings: Cautious; volatility is likely to increase
Beat expectations + no acceleration in cash burn → could have a chance to test 150–155
Strong revenue but sharply higher capex or cautious guidance → could easily break below 146 and test around 140
This is just the short-term outlook for tonight. Longer term, the key direction will depend on what management says about reaching $100 billion in ARR by year-end and deploying computing capacity.
#SpaceX第三季度财报