SpaceX (SPCX) Q3 2026 Earnings Overview: Record AI Revenue and Strong Earnings Drive 7.79% Stock Rally

SpaceX reported Q3 2026 revenue of $14.575 billion, above the $12.9 billion FactSet consensus, while the stock rose 7.79% in the completed reaction session. This earnings analysis examines Super Intelligence growth, accelerating capital expenditures, and whether compute activation can convert demand into durable returns.

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