Space, astronomy, rockets and the physics of it all.
Back issue · Wednesday, October 21, 2026 · as it ran
Launches & Rockets
By Luisa Marconi · 2h
SpaceX completes first revenue Starship flight, reports $4.4B Q3 2026 profit
The rocket manufacturer posted 161% year-over-year revenue growth for the quarter ending September 2026, beating analyst expectations.
By Luisa Marconi · 2hHAWTHORNE, United States, Oct. 21, 2026 - SpaceX completed the first revenue-generating flight of its Starship rocket during the July to September 2026 quarter.
Total quarterly revenue reached $14.6 billion, up 161% from $5.6 billion recorded in the third quarter of 2025. This growth rate exceeded analyst expectations.
Net income for the period was $4.4 billion. Analysts had forecast $1.88 billion for the quarter.
On 21 October, Elon Musk stated he supports a proposed merger between SpaceX and Tesla.
Read with its sources →