Musk’s SpaceX Earnings Rocket Higher as Bitcoin Stash Holds Firm
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SpaceX delivered a blockbuster third quarter, generating $14.6 billion in revenue, $4.4 billion in net income, and $8.8 billion in adjusted EBITDA.
Key facts
SpaceX delivered a blockbuster third quarter, generating $14.6 billion in revenue, $4.4 billion in net income, and $8.8 billion in adjusted EBITDA
Operating income reached $431 million, reversing a $1.72 billion loss during the comparable quarter in 2025
The newly publicly traded company, SpaceX reported $2.8 billion in operating income and $8.8 billion in adjusted earnings before interest, taxes, depreciation and amortization (EBITDA), representing
Capital expenditures totaled $19.6 billion during the quarter, with $16.4 billion directed toward its Super Intelligence division
Summary
SpaceX generated $14.6 billion in third-quarter revenue, a 161% increase year over year. SpaceX reported $1.573 billion in digital assets, consistent with its previously disclosed 18,712 BTC. Forbes valued Elon Musk’s fortune at approximately $925 billion on Oct. 20, 2026. SpaceX came out swinging Tuesday, Oct. 20, delivering third-quarter earnings that left Wall Street’s expectations in the dust.