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SpaceX reported third-quarter 2026 earnings of $4.4 billion, reversing a prior year loss. Revenue hit $14.58 billion against $13 billion expectations, with AI revenue reaching $7.56 billion. Total backlog stood at $63 billion as of Sept. 30.
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Axios Tech leads with the magnitude of the earnings growth while the Wall Street Journal emphasizes the achievement of profitability.
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