SpaceX Heads for $12.72 Billion Q3 Revenue as Starlink and AI Drive Growth
Updated
Updated · CNBC · Oct 20
SpaceX Heads for $12.72 Billion Q3 Revenue as Starlink and AI Drive Growth
3 articles · Updated · CNBC · Oct 20
Summary
$12.72 billion in revenue and 13 cents a share are the consensus targets for SpaceX's second earnings report since its June IPO, due after Tuesday's close.
Starlink remains the main engine: analysts expect $4.84 billion from connectivity, while recent purchases of 800 MHz of low-band spectrum and FCC approval for a 15,000-satellite network have boosted its mobile ambitions.
AI is also central to the quarter, with StreetAccount projecting $6.47 billion in revenue after SpaceX closed its $60 billion acquisition of coding startup Cursor during the period.
The space business is expected to contribute $1.41 billion, underscoring how the company best known for rockets now relies more heavily on satellite internet and AI-related operations.