SpaceX will post its third-quarter 2026 results after the market close on Tuesday, October 20.
Tesla reports one day later, on Wednesday night. Traders are watching both, along with talk of a possible tie-up between Elon Musk's two companies.
The report comes out after the bell on Tuesday. A live audio-only webcast starts at 3:30 p.m. CT the same day.
You can join through the investor relations site, where pre-registration is open. The event will also stream on X.
Investors can send questions ahead of time through the company's Q&A platform, which is now open.
Musk is expected to talk about Starlink growth, AI, and the launch schedule after Starship flight 14 last month.
SPCX closed at $146.03 on Friday, down $2.59 or 1.74%. After hours, it traded at $145.47.
Metric | Value |
Last close | $146.03 |
Previous close | $148.62 |
Open | $147.82 |
Day's range | $142.96 to $147.92 |
52-week range | $104.83 to $225.64 |
Market cap | $1.925 trillion |
Volume | 87,720,136 |
EPS (TTM) | -1.10 |
1-year target estimate | $222.71 |
IPO price | $135 |
SPCX stock lost more than 10% this week and slipped below its 50-day line. A recent AI pullback added pressure.
Trading began on June 12 on the Nasdaq under the ticker SPCX. The SpaceX share price is still far from the $225.64 record set in mid-June, but well above the August low of $104.83.
FactSet expects revenue of $12.89 billion. That compares with $7.81 billion in Q2 and $4.694 billion in Q1.
Earnings per share are forecast at 14 cents, though some recent estimates sit nearer 23 cents. Either way, it would be the first positive quarter. In Q2, the company posted a net loss of $541 million.
Item | Q3 expectation | Earlier figure |
Total revenue | $12.89 billion | $7.81 billion (Q2) |
Space segment | $1.4 billion | $962 million (Q2) |
Connectivity, including Starlink | $4.84 billion | $4.29 billion (Q2) |
AI revenue | $6.47 billion | Not given |
Cash burn | $10.8 billion | Not given |
EPS | 14 to 23 cents | Loss in Q2 |
Cash burn stays heavy because of large capital spending.
Earlier this month, the company bought more spectrum for its Starlink mobile service. The FCC also approved another 15,000 next-generation Starlink satellites.
Grok has not drawn many customers, so the company moved this year to sell its extra computing power. In early October, it said it plans to raise $40 billion to buy Nvidia AI chips.
CFO Bret Johnsen said at a September Goldman Sachs conference that another hosting deal had closed. It is worth $1.11 billion per month from Dec. 1, about $13 billion a year.
William Blair counted it as the fourth compute deal in four months, above $11 billion in annual recurring revenue. Partners include Anthropic and Alphabet, and possibly the Department of Defense.
The target is 5 to 10 gigawatts of compute by the end of 2027, up from 2 gigawatts planned for 2026. The first orbital compute satellites are due to fly next year, with larger deployments in 2028.
On Starship, flight 14 reached orbit and deployed the first V3 satellites. Musk may share plans for flight 15 and a possible booster and ship catch.
He also cut his launch goal. He now talks about 50 to 100 Starship flights next year, down from 356. The long-term plan of 30 flights per day by 2030, about 10,000 a year, may now be in question.
Nothing is confirmed. Barclays analyst Dan Levy thinks Musk could announce a deal before December.
He sees the rocket company as the likelier buyer in an all-stock deal. Tesla holders would get SPCX shares, likely with a premium.
Barclays uses market caps of $2.1 trillion for the rocket company and $1.5 trillion for Tesla.
Tesla also showed its long-delayed Roadster in Texas on Thursday. The prototype used air thrusters built by the rocket maker to flip in the air and reach 60 mph in under one second. Production is not expected until 2028.
Musk got the National Medal of Science at the White House on Oct. 8. A week later came the Roadster demo.
Trump told reporters he was "VERY happy" for Musk and that he deserved the award. He added that he did not know whether people would see him in that car, but called it very impressive.

The chart shows a break below an ascending channel that peaked near $176. A short-term descending channel has formed since, with lower highs and lower lows.
Level | Price zone | What it means |
Resistance | $150 to $154 | A move above $154 could ease the bearish view |
Support | $142 to $144 | Immediate floor |
Lower support | $140 and $133 | In play if $142 breaks |

Evercore ISI raised its price target to $275 from $230 and kept an Outperform rating. Analyst Kutgun Maral called the company's catalysts "closer than they appear."
He said the quarter may be judged more on debates and goals than on the numbers. Evercore also thinks reuse could be proven within the next few Starship flights.
Any SPCX prediction is a guess. An SPCX stock forecast can change fast, and any SpaceX stock forecast and targets are opinions, not promises.
Earnings can push a stock either way. The AI sell-off, cash burn, and merger talk all add uncertainty.
This article is for information only and is not financial, investment or legal advice. Stock and crypto-related assets are volatile, and you can lose money. Analyst targets and forecasts are not guaranteed. Do your own research and speak with a licensed financial advisor before investing.