SPACE EXPLORATION TECHNOLOGIES CORP
For the period ended Oct 20, 2026. Filed Oct 20, 2026.
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Oct 20, 2026 · Filed Oct 20, 2026
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SPCX$134.27+8.6%Stored close · as of Nov 6, 2026
Contents
EX-99.1 · (in millions, except per share data)
(in millions, except per share data)
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| Revenue ............................................................................................................................... | $14,575 | $5,576 | $27,083 | $13,714 |
| Costs and expenses | ||||
| Cost of revenue ............................................................................................................... | 5,478 | 2,705 | 11,361 | 6,949 |
| Research and development ............................................................................................. | 4,596 | 2,291 | 11,658 | 5,806 |
| Selling, general, and administrative ................................................................................ | 1,707 | 575 | 3,365 | 1,674 |
| Restructuring charges (credits) ....................................................................................... | 3 | 278 | (6) | 472 |
| Impairment ...................................................................................................................... | — | — | — | 29 |
| Total costs and expenses ........................................................................................... | 11,784 | 5,849 | 26,378 | 14,930 |
| Income (loss) from operations ........................................................................................... | 2,791 | (273) | 705 | (1,216) |
| Interest expense (related party of $351 and $- for the three months ended September 30, 2026 and 2025, respectively, and $864 and $- for the nine months ended September 30, 2026 and 2025, respectively) ..................................................................................... | (675) | (514) | (1,968) | (1,372) |
| Interest income ...................................................................................................................... | 873 | 155 | 1,426 | 370 |
| Other income (expense), net (related party of $561 and $- for the three months ended September 30, 2026 and 2025, respectively, and $561 and $- for the nine months ended September 30, 2026 and 2025, respectively) ........................................................................ | 1,025 | 140 | (937) | 342 |
| Income (loss) before income taxes ..................................................................................... | 4,014 | (492) | (774) | (1,876) |
| Provision for (benefit from) income taxes ............................................................................ | (390) | 562 | (361) | 714 |
| Net income (loss) ................................................................................................................. | $4,404 | $(1,054) | $(413) | $(2,590) |
| Net income (loss) attributable to shareholders - basic and diluted ................................. | $4,404 | $(1,054) | $(1,084) | $(2,590) |
| Net income (loss) per share of common stock attributable to common shareholders | ||||
| Basic ..................................................................................................................................... | $0.37 | $(0.36) | $(0.15) | $(0.89) |
| Diluted .................................................................................................................................. | $0.35 | $(0.36) | $(0.15) | $(0.89) |
| Weighted average shares used in computing net income (loss) per share of common stock | ||||
| Basic ..................................................................................................................................... | 11,942 | 2,941 | 7,274 | 2,915 |
| Diluted .................................................................................................................................. | 12,475 | 2,941 | 7,274 | 2,915 |
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