SpaceX Revenue Jumps 161% on Merger Talk

SpaceX reported third-quarter revenue of $14.6 billion, a 161% increase, beating estimates of $12.72 billion. Net income reached $4.4 billion, while owner Elon Musk hinted at a potential SpaceX-Tesla merger during the earnings call. Operating income came in at $2.8 billion. Super Intelligence revenue soared ninefold to $7.56 billion. Analysts predict first-quarter 2027 revenue between $33 billion and $37 billion.