SpaceX Q3 Revenue Surges 161% to $14.6B; Elon Musk Considers Tesla Merger
SpaceX shares rose 10.4% in premarket trading after reporting $14.6 billion in revenue for Q3 2026, a 161% increase year-over-year, surpassing analyst estimates of $12.72 billion. The company posted $2.8 billion in operating income and $4.4 billion in net income, reversing a $1.05 billion net loss from last year. Elon Musk revealed that special committees from SpaceX and Tesla boards are exploring a potential merger, which could become the largest in history.
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