$SpaceX(SPCX)$ SpaceX delivered a massive Q3 beat, with the stock up 5% after hours. Revenue came in at $14.6B vs $13.0B expected, EPS at $0.35 vs $0.16 expected, and adjusted EBITDA at $8.8B vs $6.6B expected. CapEx was $19.6B.
Revenue surged 161% YoY, with net income reaching $4.4B. The Super Intelligence segment is scaling fast, while Starlink keeps expanding.
The growth is impressive, but the heavy infrastructure spending is worth watching. SpaceX is building for the long term.
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