SpaceX Reports Q3 Earnings Today With Shares Down 35% From Post-IPO Peak

SpaceX reports third-quarter 2026 results on Tuesday, October 20, after the US market closes — its second quarterly disclosure since its initial public offering in June. The company scheduled an audio-only webcast for 3:30 p.m. Central Time (4:30 p.m. Eastern), available through the SpaceX Investor Relations portal.

The results arrive after a sharp correction: SpaceX shares have fallen 35% from their post-listing peak, although the stock has still delivered gains over the past three months. That puts today’s numbers squarely in the spotlight as investors assess whether strong growth in Starlink satellite internet can sustain the company’s valuation — particularly as it ramps investment in AI-related businesses.

Expect the webcast to focus on Starlink subscriber gains and profitability, overall financial progress, and the AI buildout. It is a big week for Musk-related earnings in general: Tesla reports its own Q3 results the next day, October 21, making this back-to-back window the defining stretch for investor sentiment around both companies.

What to watch: commentary on Starlink’s trajectory toward sustained profitability, any update on AI capital spending, and guidance tone. A strong quarter could reset the post-IPO narrative; a soft one would deepen questions about how quickly the satellite business can carry the valuation on its own.