SpaceX shares fell 6.37% to close at $134.72 on October 30, 2026, just below the $135 IPO price from June. Third-quarter revenue rose 161% to $14.6 billion, and AI revenue exceeded Starlink's. Management expects first-quarter 2027 revenue of $33 billion to $37 billion.

SpaceX (SPCX) fell 6.37% to close at $134.72 on October 30, 2026, just below its $135 IPO price. The company went public in June at $135 per share.

Revenue and business mix

SpaceX's third-quarter revenue rose 161% year over year to $14.6 billion.

AI revenue reached $7.56 billion in the September quarter, ahead of Starlink's $5.24 billion, making AI the company's largest revenue source.

Spending and outlook

SpaceX's purchases of property, plant, and equipment were $48.1 billion in the first nine months of 2026, against $13.1 billion in operating cash flow.

Management expects first-quarter 2027 revenue of $33 billion to $37 billion.