SpaceX announced on Tuesday a loss of USD 1,084 million (EUR 965 million) from January to September, an improvement of 58% compared to the same period, and achieved the first positive quarterly profit.
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21/10/2026
by
Lusa
A aerospace and artificial intelligence company (IA) SpaceX announced Tuesday a loss of $1,084 million (EUR 965 million) from January to September, an improvement of 58% compared to the homologous period, and achieved the first positive quarterly profit.
The company founded and run by tycoon Elon Musk made $27.083 million (EUR 24 billion) between January and September, an increase of 97.5% compared to the previous year, according to the results released after the closing of Wall Street market.
The improvement of results was driven by the third quarter, in which SpaceX obtained a net profit of $4,404 million, in contrast to a loss of 1,054 million recorded in the same period of 2025.
The first quarterly profit recorded by the group was largely due to its remote computing activity (cloud), it went ahead.
These were the first results presented by the company since the company's public offer of shares in June.
OPV made $75 billion, more than twice as much as the previous record holder, Saudi Aramco in 2019, evaluating the company at $1.77 billion.
After the operation, Elon Musk holds more than 80% of the company's votes.