SpaceX's Q3 Seen Lifted by Starship Progress, AI Compute Growth, UBS Says

MT Newswires Live00:50

Space Exploration Technologies (SPCX) is set for a strong Q3 on Starship launches, expanding cloud-compute contracts and rising adoption of its AI products, UBS Securities said Tuesday in a report.

UBS expects Q3 revenue of $13.8 billion, above Wall Street's $12.9 billion estimate, with adjusted EBITDA of $7.5 billion versus the $6.9 billion consensus.

The AI segment should contribute about $7.6 billion in revenue, helped by increased compute consumption from Anthropic and early contributions from Alphabet's (GOOG, GOOGL) Google, the report said. Grok continues to narrow the gap to frontier models, while Grok Bot is driving token demand, UBS said.

SpaceX's Connectivity segment is projected to generate $4.9 billion in quarterly revenue, with subscribers rising to 2.3 million from 1.7 million in the prior quarter, the report said.

UBS maintained its buy rating on SpaceX stock with a $210 price target.

Q3 results are expected in early November.

Price: 148.77, Change: +3.30, Percent Change: +2.27

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2671462882?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-09-30 00:50","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2671462882","market":"sg","top_or_hot":-1,"title":"SpaceX's Q3 Seen Lifted by Starship Progress, AI Compute Growth, UBS Says","media":"MT Newswires Live","content":"<html><body><p> Space Exploration Technologies (SPCX) is set for a strong Q3 on Starship launches, expanding cloud-compute contracts and rising adoption of its AI products, UBS Securities said Tuesday in a report.</p><p>UBS expects Q3 revenue of $13.8 billion, above Wall Street's $12.9 billion estimate, with adjusted EBITDA of $7.5 billion versus the $6.9 billion consensus.</p><p>The AI segment should contribute about $7.6 billion in revenue, helped by increased compute consumption from Anthropic and early contributions from Alphabet's (GOOG, GOOGL) Google, the report said. Grok continues to narrow the gap to frontier models, while Grok Bot is driving token demand, UBS said.</p><p><a href=\"https://laohu8.com/S/SPCX\">SpaceX</a>'s Connectivity segment is projected to generate $4.9 billion in quarterly revenue, with subscribers rising to 2.3 million from 1.7 million in the prior quarter, the report said.</p><p>UBS maintained its buy rating on SpaceX stock with a $210 price target.</p><p>Q3 results are expected in early November.</p><p>Price: 148.77, Change: +3.30, Percent Change: +2.27</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SpaceX's Q3 Seen Lifted by Starship Progress, AI Compute Growth, UBS Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSpaceX's Q3 Seen Lifted by Starship Progress, AI Compute Growth, UBS Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-09-30 00:50</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Space Exploration Technologies (SPCX) is set for a strong Q3 on Starship launches, expanding cloud-compute contracts and rising adoption of its AI products, UBS Securities said Tuesday in a report.</p><p>UBS expects Q3 revenue of $13.8 billion, above Wall Street's $12.9 billion estimate, with adjusted EBITDA of $7.5 billion versus the $6.9 billion consensus.</p><p>The AI segment should contribute about $7.6 billion in revenue, helped by increased compute consumption from Anthropic and early contributions from Alphabet's (GOOG, GOOGL) Google, the report said. Grok continues to narrow the gap to frontier models, while Grok Bot is driving token demand, UBS said.</p><p><a href=\"https://laohu8.com/S/SPCX\">SpaceX</a>'s Connectivity segment is projected to generate $4.9 billion in quarterly revenue, with subscribers rising to 2.3 million from 1.7 million in the prior quarter, the report said.</p><p>UBS maintained its buy rating on SpaceX stock with a $210 price target.</p><p>Q3 results are expected in early November.</p><p>Price: 148.77, Change: +3.30, Percent Change: +2.27</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2671462882","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2671462882","pubTimestamp":1790700635,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Space Exploration Technologies  is set for a strong Q3 on Starship launches, expanding cloud-compute contracts and rising adoption of its AI products, UBS Securities said Tuesday in a report.UBS expects Q3 revenue of $13.8 billion, above Wall Street's $12.9 billion estimate, with adjusted EBITDA of $7.5 billion versus the $6.9 billion consensus.The AI segment should contribute about $7.6 billion in revenue, helped by increased compute consumption from Anthropic and early contributions from Alphabet's  Google, the report said. Grok continues to narrow the gap to frontier models, while Grok Bot is driving token demand, UBS said.SpaceX's Connectivity segment is projected to generate $4.9 billion in quarterly revenue, with subscribers rising to 2.3 million from 1.7 million in the prior quarter, the report said.UBS maintained its buy rating on SpaceX stock with a $210 price target.Q3 results are expected in early November.Price: 148.77, Change: +3.30, Percent Change: +2.27","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"瑞银表示，星际飞船的进展和人工智能计算的增长提振了 SpaceX 第三季度的业绩","themeId":null,"isJumpTheme":false,"ttsUrl":"https://static.tigerbbs.com/88ed411de86cf1dc5a7ae35c8636e5e8","symbols_score_info":{"JGRO":0.6,"FCOM":0.6,"SPCU":1.5,"GOOG":0.71,"SPCF":0.6,"DXYZ":1.5,"SKYY":0.6,"LOFF":0.6,"WARP":0.6,"METV":0.6,"AIPO":1.5,"SNPE":0.6,"VTHR":1.5,"GOOX":0.6,"SNK":1.5,"CQTM":0.6,"XLC":0.6,"TRUC":0.6,"OGIG":0.6,"QTOC":1.5,"GOOY":0.6,"GXPC":0.6,"MARS":0.6,"SPCH":0.6,"CMAG":0.6,"LTL":0.6,"USJW.SI":0.6,"SPCX":1.5,"ILDR":0.6,"VOX":0.6,"UFO":0.6,"WSPC":0.6,"GOOP":0.6,"GGLS":0.6,"GOU":0.6,"PRGS":1.5,"GGLL":0.6,"GOOGL":0.74,"ARTY":1.5,"GOOW":0.6,"EFIV":0.6,"XOVR":1.5,"ORBX":0.6,"CHAT":1.5,"SPAL":1.5,"XDAT":0.6,"AGIX":1.5,"SGOOGmain":0.6,"CNEQ":0.6},"content_text":"Space Exploration Technologies (SPCX) is set for a strong Q3 on Starship launches, expanding cloud-compute contracts and rising adoption of its AI products, UBS Securities said Tuesday in a report.UBS expects Q3 revenue of $13.8 billion, above Wall Street's $12.9 billion estimate, with adjusted EBITDA of $7.5 billion versus the $6.9 billion consensus.The AI segment should contribute about $7.6 billion in revenue, helped by increased compute consumption from Anthropic and early contributions from Alphabet's (GOOG, GOOGL) Google, the report said. Grok continues to narrow the gap to frontier models, while Grok Bot is driving token demand, UBS said.SpaceX's Connectivity segment is projected to generate $4.9 billion in quarterly revenue, with subscribers rising to 2.3 million from 1.7 million in the prior quarter, the report said.UBS maintained its buy rating on SpaceX stock with a $210 price target.Q3 results are expected in early November.Price: 148.77, Change: +3.30, Percent Change: +2.27","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.50.1","shortVersion":"4.50.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2671462882","isCrawlerRequest":true}