SpaceX shares rose 10.2% in premarket trading after the company reported third-quarter revenue of $14.6 billion, up 161% from a year earlier and above LSEG consensus of $12.72 billion. Net income reached $4.4 billion, compared with a net loss of $1.05 billion in the same period last year, while operating income was $2.8 billion. On the earnings call, Elon Musk said he is considering a combination with Tesla, which would be the largest merger in history, and both boards have set up committees to discuss a consolidation. The Super Intelligence (SI) segment, the company's largest unit, grew revenue to $7.56 billion from $813 million, and SpaceX forecast first-quarter 2027 revenue of $33 billion to $37 billion, versus an average analyst estimate of $22.2 billion.
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SpaceXElon MuskTSLAmergers and acquisitionsearnings
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▲ Likely positiveTesla, Inc.
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Automobile Manufacturers |
| Market cap | $1.4T |
| Close on 10/20/2026 | 373.77 |
| Change that session | +1.55% |
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