SPACEX $SPCX Q3 REVENUE RISES 161% TO $14.6B, NET INCOME $4.4B VS $1.1B LOSS • Revenue: $14.6B, up 161% from $5.6B • Net income: $4.4B vs a $1.1B net loss a year earlier, including $1.0B of other income and a $390M tax benefit • Income from operations: $2.8B vs a $273M loss • Adjusted EBITDA (non-GAAP): $8.8B, up 306% from $2.2B • EPS: $0.35 diluted vs -$0.36 • Capex: $19.6B vs $6.9B a year earlier Super Intelligence (SI): • Revenue: $7.56B, up 830%, driven by new cloud services agreements, the Cursor acquisition and Grok adoption • Income from operations: $431M, including $1.2B of share-based compensation tied to Cursor • Capex: $16.4B • Nameplate compute: 1.7 GW, up from 1.4 GW in June and 0.6 GW a year ago • Introduced Grok Bot, an always-on agentic system Connectivity: • Revenue: $5.25B, up 69% • Income from operations: $2.37B, up 99% • Starlink consumer subscribers: 13.6M, up from 12.0M in June and 7.2M a year ago • Consumer ARPU: $69 a month, up from $66 in June, vs $83 a year ago • Enterprise and government revenue: $2.13B, up 91% Space: • Revenue: $1.77B, up 6% • Loss from operations: $7M • Completed its first revenue-generating Starship mission, delivering 26 Starlink V3 satellites, about 10x the downlink capacity of a Falcon 9 Starlink launch • 35 launches vs 44 a year ago Deals: • Completed the Cursor acquisition Aug 14 at an implied equity value of $60B. Cursor contributed $608M of revenue • Oct 8 agreement for up to 14 MHz of paired 800 MHz spectrum, expected to close in H1 2027 Cash: $51.3B plus $38.6B in marketable securities as of Sep 30. SpaceX discusses results and outlook on a call at 4:30pm ET today, livestreamed on X. Per SpaceX.(Historical earnings: For 2026Q2 (period ended 2026-06-30), SpaceX reported basic and diluted EPS of -1.12, net loss of USD 4.817 billion, and revenue of USD 12.508 billion. Consensus expectations: For 2026Q3, consensus expects EPS of 0.1674 and revenue of USD 12.978 billion.)