SpaceX Announces 161% Q3 Revenue Growth as Musk Backs Merger with Tesla

SpaceX announced third-quarter 2026 revenue of $14.6 billion, up 161%, exceeding expectations, and recorded its first quarterly profit since its IPO, driven by computing capacity leasing deals. Elon Musk said he would support a merger with Tesla, while US stock futures rose as the company's shares surged.

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• SpaceX announced third-quarter 2026 revenue of $14.6 billion, up 161% year on year, with growth in Starlink and AI infrastructure operations.

  «reported third-quarter 2026 revenue of $14.6 billion, up 161% from a year earlier»

  Yahoo Finance • البيان
• The AI unit posted an operating loss of $1.26 billion in the last quarter, amid heavy spending on infrastructure such as data centers.

  «Last quarter, the company's AI unit recorded an operating loss of $1.26 billion»

  AOL
• Musk said Tesla and SpaceX have formed special committees, at shareholders' request, to study the possibility of a merger.

  «الشركتين شكلتا لجانا خاصة بناء على طلب المساهمين لدراسة هذا الاحتمال»

  اقتصاد سكاي نيوز عربية on MSN
• Musk expects the company's revenue to reach $1 trillion by 2030, and possibly 2029, a forecast that an AOL analysis questioned based on his forecasting record.

  «CEO Elon Musk thinks the business will reach $1 trillion in revenue by 2030»

  AOL

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