Elon Musk expects SpaceX to report Q4 2026 revenue of about $24.8 billion, roughly 70% above the previous quarter, compared with a consensus estimate of $23.76 billion. The resulting gap is about $1 billion rather than $2 billion, unless the company is using a different benchmark. In Q3, SpaceX generated $14.57 billion in revenue, up 161% year over year, and posted a $4.4 billion net profit. Its Super Intelligence AI segment produced $7.56 billion, exceeding Starlink’s $5.2 billion for the first time. Musk also said government contracts will account for less than 10% of fourth-quarter revenue, while capital expenditures are projected at $35 billion to $40 billion.
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