SpaceX Q3 Revenue Estimate Near $13 Billion Ahead of Oct. 20 Webcast

Analyst estimates put SpaceX’s third-quarter revenue near $13 billion ahead of its Oct. 20 earnings webcast, while the company’s latest reported results show AI was its second-largest segment by revenue.

The webcast is scheduled for 4:30 p.m. ET (20:30 UTC) Tuesday. The revenue figure is an estimate, not a reported result or formal company guidance. SpaceX has not yet reported its third-quarter financial results.

For the quarter ended June 30, SpaceX recorded $7.814 billion in revenue and a $541 million net loss. Connectivity generated $4.291 billion in revenue, compared with $2.561 billion for AI and $962 million for Space.

The AI segment includes Grok, X, AI solutions and computational infrastructure. It recorded $15.828 billion in capital expenditures and a $1.257 billion operating loss in the second quarter. AI segment adjusted EBITDA was $1.146 billion, a non-GAAP measure distinct from operating income.

SpaceX’s total second-quarter capital expenditures were $18.369 billion, with the AI segment accounting for $15.828 billion. The company reported $3.538 billion in adjusted EBITDA across the business for the quarter.

SpaceX’s third-quarter earnings webcast is scheduled for 4:30 p.m. ET (20:30 UTC) Tuesday.