Open account

SpaceX Faces Investor Scrutiny Ahead of Q3 Results as AI and Starlink Expand

Investors are awaiting SpaceX's third-quarter financial results, focusing on expanding artificial intelligence computing infrastructure and Starlink growth. Consensus estimates project revenue of $12.8 billion, a 64% increase year-over-year, and earnings of 13 cents per share, marking a rebound from a loss of 9 cents per share in the June quarter. Another consensus estimate anticipates revenue of $12.74 billion and earnings of 14 cents per share. The report follows strong second-quarter performance in Starlink connectivity, where revenue rose 66% to $4.3 billion and subscriber counts doubled to 12 million.

Category

SpaceX

Sentiment

Mixed

Event

Earnings guidance

Reading time

1 min