SPACEX Q3 SALES ROSE 161 % IN Q3 . HERE WHAT STARLINK , STARSHIP , AND AI RESULTS REVEAL ABOUT THE STOCK .

What happened: Space Exploration Technologies (SPCX +1.89%) reported third-quarter results after the close on Tuesday, Oct. 20, beating consensus on sales and earnings. Key numbers: Sales $14.58 billion vs $12.72 billion consensus. Diluted EPS $0.35 vs $0.13 consensus. Why it matters: Starlink grew without another ARPU decline and AI sales rose sharply, while management gave concrete Starship milestones: a November flight to catch booster and upper stage, with upper stage refly and in-orbit refueling early next year. Accelerating capex leaves cash-basis financials weaker.

Space Exploration Technologies (SPCX +1.89%) reported third-quarter results after the close on Tuesday, Oct. 20, beating consensus on sales and earnings.

Starlink grew without another ARPU decline and AI sales rose sharply, while management gave concrete Starship milestones: a November flight to catch booster and upper stage, with upper stage refly and in-orbit refueling early next year. Accelerating capex leaves cash-basis financials weaker.