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SpaceX Q3 revenue forecast beats expectations, driven by AI and connectivity growth

Market News
29 Sep 2026
Proactive Investors
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Bullish
SpaceX Q3 revenue forecast beats expectations, driven by AI and connectivity growth

SpaceX is projected to report third-quarter revenue of $13.8 billion, exceeding consensus by 7%, with strong growth led by its AI business. UBS highlights AI revenue driven by deals with Anthropic and Google, expecting $15 billion in Q4 and $27 billion for 2026. Connectivity revenue also surged 59% year-over-year to $4.9 billion, supported by 14.3 million subscribers and new satellite deployments. Space segment revenue rose to $1.3 billion, with 35 launches, and the upcoming Flight 15 mission aims to catch the ship for the first time, marking a key milestone.

As of Sep 30, 2026 02:21 WIB, SpaceX shares on Pluang trade at USD 148.98, up 2.41% for the day, reflecting strong investor interest following the upbeat revenue forecast. Google, a key AI partner mentioned in the news, is priced at USD 337.45 but down 0.50% on the day. SpaceX's market cap stands at $1.92 trillion, underscoring its significant presence in the industrial sector on Pluang.

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