Economy
SpaceX Prepares Third-Quarter Earnings After Stock Correction From Peak

SpaceX Prepares Third-Quarter Earnings After Stock Correction From Peak

Livemint1h
THE BRIEF
1

Elon Musk-led SpaceX is scheduled to report its third-quarter financial results on Tuesday, October 20, marking its second quarterly announcement since its June IPO.

2

SpaceX shares have experienced a sharp correction, falling 35% from their post-IPO peak of $225.64 reached on June 16, 2026.

3

Investors will closely monitor financial metrics for the Connectivity segment, which includes Starlink, following a 66% year-on-year increase in revenue to $4.3 billion in the second quarter.