SpaceX exceeds expectations… and AI drives growth!
SpaceX delivered strong results in the third quarter of 2026, with revenue up 161% to $14.58 billion and net profit of $4.4 billion, surpassing market expectations.
📈 Shares of $SPCX rose about 8% after the market close, following Elon Musk’s confirmation that special committees from SpaceX and Tesla had been formed to study a potential merger between the two companies, though no final agreement has been reached yet.
More ambitiously, Musk is targeting annual recurring revenue of between $500 billion and $1 trillion by the end of 2027.
Are we witnessing the dawn of a new era combining space, artificial intelligence, energy, and advanced technologies?
#SpaceX #SPCX #TSLA
SpaceX delivered strong results in the third quarter of 2026, with revenue up 161% to $14.58 billion and net profit of $4.4 billion, surpassing market expectations.
📈 Shares of $SPCX rose about 8% after the market close, following Elon Musk’s confirmation that special committees from SpaceX and Tesla had been formed to study a potential merger between the two companies, though no final agreement has been reached yet.
More ambitiously, Musk is targeting annual recurring revenue of between $500 billion and $1 trillion by the end of 2027.
Are we witnessing the dawn of a new era combining space, artificial intelligence, energy, and advanced technologies?
#SpaceX #SPCX #TSLA