SpaceX tops Q3 estimates as revenue surges 161% on Starlink, AI compute

Investing.com -- SpaceX reported Q3 revenue of $14.6 billion, easily beating Wall Street consensus estimates of $12.87 billion, driven by 161% year-over-year top-line growth. The company posted adjusted earnings per share of $0.35—more than double the $0.15 consensus estimate—while net income surged to $4.4 billion, well ahead of the expected $1.88 billion. Still guessing which stocks will beat the market? Our AI portfolio updates monthly and is outperforming the S&P 500 by 118%. See this month's list » SpaceX shares jumped 7.3% in afterhours trade to $158.68. Top-line growth was anchored by the company's Super Intelligence (SI) division, which generated $7.6 billion in revenue against expectations of $6.3 billion.