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SpaceX, Tesla, and Meta earnings highlight AI spending and market shifts amid earnings season.

Company Fundamentals
18 Oct 2026
Seeking Alpha
View Source
Neutral
SpaceX, Tesla, and Meta earnings highlight AI spending and market shifts amid earnings season.

SpaceX could offset losses from rockets and AI if it captures just 1% of the phone market, with business and government revenue growing faster than consumer sales. Tesla benefits from rising gas prices, which act as a stronger incentive than the EV tax credit, but struggles to turn revenue growth into profits. Meta is evolving into an AI-driven platform with multiple monetization paths, though AI investments currently pressure margins. The earnings season features major reports from companies like GE, GM, and Netflix, while the Federal Reserve enters a blackout period ahead of its policy meeting. Additionally, Anthropic proposes a federal AI safety bill, and Elon Musk teases a ‘sentient’ Tesla Roadster with autonomous features.

As of Oct 19, 2026 02:21 WIB, SpaceX trades at USD 146.03, closer to its 52-week low of USD 108.27 than its high of USD 202.09, while Tesla is priced at USD 354.72, down 2.13% for the day and well below its 52-week high of USD 489.88. Meta, meanwhile, is at USD 709.33, also down 3.72% and nearer to its 52-week high of USD 777.59 than its low of USD 525.72. These price positions highlight differing investor sentiments amid earnings season and AI-driven shifts in these companies' strategies.

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