SpaceX reported third-quarter revenue of $14.60 billion, above the $13.02 billion consensus, with its Super Intelligence segment rising 830% to $7.60 billion on cloud contracts, Cursor and Grok. Tesla's revenue was flat at $28.05 billion and adjusted EPS of $0.48 beat the $0.45 estimate, but operating income fell 55.79% as R&D rose to $2.76 billion. The article argues SpaceX faces heavier spending pressure, including $15.83 billion of Q2 capex going to AI compute, stock compensation tied to Cursor and a $25 billion bond sale. Tesla holds $45.4 billion in cash and generated $1.53 billion of free cash flow, though that figure fell 61.63%. SpaceX shares have fallen 14.21% over the past month, and Musk said SpaceX will attempt to catch Starship and its booster next month.
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TSLA
▼ Likely negativeTesla, Inc.
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Automobile Manufacturers |
| Market cap | $1.6T |
| Close on 11/02/2026 | 403.82 |
| Change that session | +1.00% |
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