SpaceX

An aerial view of a coastal launch site with a tall stainless-steel rocket standing beside tank farms and buildings, with tidal flats and the sea beyond.

SpaceX Earned $4.4 Billion in the Third Quarter, $1.6 Billion of It Outside Operations. Musk Says SpaceX and Tesla Have Each Formed a Merger Committee.

SpaceX said on Tuesday 20 October that third-quarter revenue rose 161 per cent to $14.575 billion and net income was $4.404 billion, against a loss a year earlier. On the earnings call, Elon Musk said he thinks SpaceX and Tesla have each formed a special committee to discuss combining. Neither company has announced the committees or filed anything about them, and no terms exist.

By Alison Acosta 3 hours ago

A white Falcon 9 rocket climbs through a pale blue sky on a bright column of orange flame trailing grey exhaust.

Business

SpaceX Is Buying Airwaves That Pass Through Walls. Shares in America's Three Big Carriers Tumbled.

SpaceX has agreed to buy a nationwide portfolio of 800 MHz licences from Grain Management, the low-band airwaves that Grain bought from T-Mobile earlier this year. SpaceX says they close one of the last technical gaps between Starlink Mobile and a full mobile network. The carriers' shares fell. The tower companies' rose.

By Cory Chamberlain October 9, 2026

Tagged stories

SpaceX Earned $4.4 Billion in the Third Quarter, $1.6 Billion of It Outside Operations. Musk Says SpaceX and Tesla Have Each Formed a Merger Committee.

SpaceX Is Buying Airwaves That Pass Through Walls. Shares in America's Three Big Carriers Tumbled.