Space Exploration Technologies (SPCX) is expected to report strong Q3 earnings driven by a 362% Q/Q surge in AI infrastructure revenue, which reached $2.2 billion in Q2 and is projected to nearly double to $5 billion in Q3 due to expanded commitments from AI lab Anthropic. The company’s shares trade at 19.8 times forward revenues, with potential for a 25 times price-to-sales ratio and 26% upside, supported by 155% projected growth and possible profitability gains. Risks include a large share unlock after earnings and potential slowdowns in AI revenue or Starlink subscriber growth, but the company’s fundamentals remain strong for long-term growth.
SpaceX's Q3 earnings outlook is noted here with related market data for context. For readers following the Technology sector, 126 of 150 priced US stocks rose while 18 fell. ASML was priced at USD 1,823.59 with a 3.04% increase, Corning Incorporated at USD 157.32 up 2.95%, and NetEase Inc at USD 123.03 up 2.87%. This data is as of Oct 09, 2026 19:12 WIB.
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