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After-Hours Movers: NFLX, SPCX, SMCI, ISRG, COF, UAL, PEGA
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SpaceX Reports Strong Third Quarter Revenue Figures
SpaceX has announced its financial results for the third quarter of 2026, reporting connectivity revenue of $5.25 billion, surpassing estimates of $4.86 billion. The company's space revenue also exceeded expectations, reaching $1.77 billion compared to the estimated $1.43 billion.
In addition to revenue growth, SpaceX reported an adjusted EBITDA of $8.81 billion, significantly higher than the anticipated $6.59 billion. The company's capital expenditures for the quarter were reported at $19.59 billion, closely aligning with the expected figure of $19.6 billion.
These results reflect SpaceX's continued expansion and success in both its connectivity and space operations, highlighting its robust position in the aerospace industry.
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Source: KLEA News