Veytics Intelligence
2026-10-21 · Yahoo

SpaceX (SPCX) Stock Surges After Q3 Earnings: Time to Buy?

SpaceX SPCX shares have surged as much as 12% in Wednesday's trading session after Elon Musk's aerospace and artificial intelligence company delivered blowout Q3 results Tuesday evening, driven by soaring demand for AI infrastructure and continued growth in its Starlink satellite business. Adding to investor enthusiasm, Musk discussed a potential merger with Tesla TSLA) while outlining extraordinarily ambitious revenue projections that could help SpaceX justify its premium valuation and a rally that has seen SPCX surge 40% in the last three months.Zacks Investment Research Image Source: Zacks Investment Research SpaceX's Q3 Earnings Crush Expectations SpaceX reported Q3 earnings of $0.35 per share, crushing the Zacks Consensus Estimate of $0.

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