🚀 $SPCX Street Takeaways - SpaceX Q3 Earnings ($158.22 +$10.43) Overview: • Shares +7.1%. Revenue +161% y/y beat by 13.3%. All three segments ahead on the top line and adj. EBITDA. Adj. EBITDA EPS also ahead by $0.22/169%. GM 520bps above consensus. Adj. EBITDA margin 890bps above. CapEx +185% y/y to $19.59B vs SA $18.06B. • Q4 CapEx guided $35-40B vs FactSet $19.76B. Q1 2027 revenue guided $33-37B vs FactSet $22.23B. • On the call Elon Musk says Tesla and SpaceX have formed special committees to explore potential merger at the request of shareholders. • Analysts notably positive on the results and outlook. While all segments were ahead of expectations the primary focus was on AI, or the newly renamed segment Superintelligence SI. Increasing GPU spot rates highlighted with new deals at >$50/watt indicate a payback period below one year as management thinks below six months is plausible by next year. Total compute 2026 target lifted to 2.5GW from 2.0GW at year end with an incremental 10GW in 2027 and an internal goal of 20GW. Capacity adds in 2027 likely skew toward H2 on timing of Vera Rubin deliveries. $SPXC $TSLA #SpaceX# #Earnings# #Tech# #TechStocks# #AIEarnings# #AI# #SpaceTech# #ElonMusk# #Tesla# #Capex# #DataCenter# #SuperIntelligence# #GPU# Gain immediate access to earnings insights with #StreetAccount#: