◆ NeutralSPCX
Fantastic News for SpaceX Stock Investors
The Motley Fool·
SpaceX delivered strong Q3 2026 results with revenue soaring 161% YoY to $14.6B, driven by exceptional growth in its Super Intelligence (830% YoY) and Connectivity (69.5% YoY) segments. The company posted $4.4B net income versus a $1.1B loss in the prior year. CEO Elon Musk's $1 trillion revenue target by 2029-2030 appears more achievable, supported by growing AI cloud services demand and the development of the reusable Starship rocket. However, the stock's 68.5 price-to-sales ratio remains extremely high, and risks include Starship development delays and potential slowdown in AI industry growth.
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