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Stock Market Today, Oct. 21: Space Exploration Technologies Surges on Q3 Earnings Beat

On Oct. 21, 2026, the rocket and satellite broadband provider posted $14.6 billion in quarterly revenue with $4.4 billion net income, rewarding investors with a 7.79% session gain.

  • Space Exploration Technologies (SPCX) stock surged 7.79% to $159.31 on Oct. 21.
  • Q3 earnings beat expectations with 161% revenue growth to $14.6 billion.
  • CEO Elon Musk forecasts potential annual revenues between $500 billion and $1 trillion by 2027.

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