Is It Too Late to Buy SpaceX Stock After Its Monster Third-Quarter Earnings Report? Here's the Answer.
Key PointsFor the third quarter of 2026, SpaceX reported revenue increased 161% to $14.5 billion.
On October 20th, Space Exploration Technologies (SPCX) released its third-quarter earnings report, surpassing analyst estimates with revenue of $14.5 billion and adjusted earnings per share of $0.45. The company reported a net income of $4.4 billion, marking a significant improvement from the prior year's net loss of over $1 billion.
Since going public in June, SpaceX's stock has experienced significant price fluctuations, but its long-term potential remains strong. With an ambitious total addressable market (TAM) of $28.5 trillion, including $26.5 trillion in artificial intelligence, the company's AI division has already generated $7.6 billion in revenue. While there is still a long road ahead to fully capitalize on this potential, investors with a long-term perspective and the ability to handle volatility may find that it's not too late to invest in SpaceX.
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