SpaceX Stock Soars 9.32% After Hours: Q3 Beat and Tesla Merger Talk
SpaceX stock is in focus after a strong Q3 2026 earnings report. The company trades as SPCX. The latest SPCX news is a big beat on both profit and sales.
Shares closed at $147.79 on Oct. 20, 2026. Overnight, they rose 9.32% to $161.56. Here is what the numbers say, and where the SPCX stock forecast may go next.
Why Did $SPCX Stock Jump After Hours?
Investors liked the profit surprise. EPS was $0.35 against a $0.13 forecast. Revenue was $14.58 billion against $12.87 billion.
A year ago, the company lost $1.1 billion. This quarter, net income was $4.4 billion. Adjusted EBITDA reached $8.8 billion.
What Did $SPCX Report in Its Q3 2026 Earnings Report?
Metric | Actual | Forecast | Surprise |
EPS | $0.35 | $0.13 | +$0.22 (169.2%) |
Revenue | $14.58B | $12.87B | +$1.71B (13.3%) |
Revenue rose 161% from a year ago. The company posted the full results as a 1:07:15 video on X, which has 351.6K views. A call replay and transcript are on Yahoo Finance.
What Is the SPCX Stock Price Today?
The $SPCX share price closed at $147.79, down 0.17 or 0.11%. The Yahoo chart does not include the overnight move to $161.56.
SPCX Stock Price Data | Value |
Previous close | $147.96 |
Open | $146.13 |
Day's range | $143.27 to $148.66 |
52-week range | $104.83 to $225.64 |
Volume | 99.5M (average 95.6M) |
Market cap (intraday) | $1.948T |
1-year analyst target | $222.71 |
EPS (TTM), before this report | -1.10 |
What Drove SpaceX Revenue Growth in Q3 2026?
Segment | Q3 2026 Revenue |
Super Intelligence | $7.56B |
Starlink (13.6M subscribers) | $5.25B |
Space launches | $1.77B |
Super Intelligence: Added $6.7 billion year over year. Cloud deals, the Cursor acquisition, Grok, and Bot all helped.
Connectivity: Revenue grew 69%, and operating income grew 99%. Enterprise and government demand drove it.
Starship: The first paid mission put 26 Starlink V3 satellites in orbit. That is about 10x the downlink capacity of a Falcon 9 launch.
Compute: Capacity reached 1.7 GW as of Sept. 30, 2026.
Is the SpaceX Tesla Merger Happening?
Elon Musk said SpaceX and Tesla (TSLA) have formed special committees. They will discuss a possible merger. The Kobeissi Letter flagged the news first.
Musk said, "I do think there's a lot of merit to combining the companies." He pointed to the "superintelligence singularity" and "a lot to be gained from cooperating."
He also set a limit: "Do I think it would be a good idea? Yes, but at the end of the day, the shareholders have to be supportive of this." Software, chips, and robotics are the possible gains.
What Is the SPCX Technical Analysis After Earnings?
On the 4-hour chart, the price sits in a rising channel. That is bullish overall. The pullback from $175 to $176 showed weaker short-term momentum.
Before earnings, the stock traded near $147.93. The $145 to $150 zone was support. The overnight jump pushed it above that range.
What Are the SpaceX Support and Resistance Levels?
Fibonacci Level | Price | Type |
0.618 | $179.49 | Resistance |
0.5 | $165.24 | Resistance |
0.382 | $150.98 | Support |
0.236 | $133.34 | Support |
If SPCX holds above $161.56, a move toward $165.24 is possible. Then $179.49 could come into play.
If it gets rejected near $165.24, a drop toward $150.98 is possible. A deeper fall could test $133.34. A clean break above $165.24 would be a stronger sign.
Can SPCX Reach $1 Trillion in Revenue?
Musk wrote on June 14, 2026, that the company might reach about $1T in revenue in 2030. Dan Ives reposted it and said $1T in 2028 is "no longer impossible."
Reports also say Musk projected $500 billion to $1 trillion in yearly revenue by late 2027.
Q3 revenue was $14.6 billion. Four quarters at that pace is about $58 billion. The gap is huge.
What Should Investors Watch Next?
Where SPCX opens compared with $161.56
News from the Tesla merger committees
Starship Flight 15, with a double catch planned next month
Starlink subscriber and compute growth
Earnings beats can fade fast. Or they can start a trend. It is too early to say.
DISCLAIMER
This article is for information only. It is not financial, investment, or trading advice. Stock prices are volatile, and technical analysis is not a guarantee of future results. Past performance does not predict future returns. You can lose money. Do your own research and speak with a licensed financial advisor before you invest.
