SpaceX Shares Rise After Hours on Strong Q3 Earnings Report
On October 20, SpaceX (SPCX) shares fell slightly during regular trading but surged in after-hours trading following the release of its third-quarter earnings report. The company reported a significant year-over-year revenue increase to $14.6 billion and delivered strong results from its AI division. SpaceX's Super Intelligence segment saw sales jump to $7.6 billion, up sharply from $813 million in 2025, with the unit turning profitable for the first time this quarter after significant losses earlier in the year. The company also completed a classified national-security launch using its Starship rocket, signaling growing demand and operational momentum. The broader market saw mixed performance on October 20: the S&P 500 rose by 0.28%, while the Nasdaq Composite edged down slightly.
Topics: market reaction Q3 earnings report SpaceX stock performance
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Part of the story SpaceX Shares Surge Following Q3 Earnings Beat Driven by Super Intelligence Division (9 articles)