SpaceX records $14.6 billion in Q3 revenue and raises Q1 2027 revenue forecast
AMZN Amazon.com Inc
$248.00 -0.95%
View chart & analysis → - 1SpaceX recorded a 161% year-over-year revenue increase in the third quarter.
- 2CFO Bret Johnson projected SpaceX's total revenue for Q1 2027 to be between $33 billion and $37 billion.
- 3SpaceX shares surged approximately 8% in after-hours trading on October 20.
So what's the key point?
SpaceX earned much more money in the last third quarter than it did last year. The stock price rose significantly because revenue is expected to grow even more in the future.
Source The Motley Fool +3 · View original ↗
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