On the earnings call, Elon Musk said SpaceX’s annual recurring revenue could reach between $500 billion and a trillion by the end of 2027, a goal that requires building compute faster than almost any company has tried. SpaceX posted its first quarterly profit of $4.4 billion in the latest quarter, versus a $1.1 billion loss a year earlier, with revenue up more than 160% to $14.6 billion; capex of $19.6 billion could reach $40 billion next quarter. Management says new compute installations pay back in under a year if prices hold, but the target of 13 GW by end-2027, up from 1.7 GW, depends on power, cooling, and NVIDIA’s Vera Rubin systems arriving on time. Shares rose 7.79% to $159.31, and a Tesla combination would need approval from 50% of Tesla’s outstanding shares, a hard bar given many holders never vote.
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SpaceXElon Muskdata centersearnings
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TSLA
• NeutralTesla, Inc.
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Automobile Manufacturers |
| Market cap | $1.4T |
| Close on 10/21/2026 | 386.55 |
| Change that session | +3.44% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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