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اقتصاد سكاي نيوز عربية
SpaceX stocks rise 10% after earnings
SpaceX announced strong quarterly results, achieving revenues of $14.6 billion in the third quarter, representing a 161% increase compared to last year and surpassing analysts' expectations of $12.72 billion. The company also recorded a net profit of $4.4 billion, after experiencing losses a year earlier. In this context, Elon Musk announced a potential merger study between SpaceX and Tesla, aimed at strengthening collaboration between the two to leverage advanced technologies and artificial intelligence. This comes amid forecasts of revenues ranging between $33 billion and $37 billion in the first quarter of 2027, significantly higher than market expectations. The stocks rose considerably, with SpaceX shares increasing by 10.4% before the market opened, while Tesla's shares went up by about 2.1%. The results highlight SpaceX's growth in satellite internet services and expansion into artificial intelligence technologies, with revenues from the "Super Brain" segment rising to $7.56 billion — nine times higher than last year — boosting demand for AI-related cloud computing services and affirming the company's market-leading position.
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