SpaceX shares surge five percent in trading following third quarter earnings

SpaceX shares rose 5.15 percent to $155.40 in early after-hours trading on October 20, following the release of its third quarter earnings report, The Motley Fool reported. During regular trading hours before the financial results were released, the company closed down 0.11 percent at $147.79. Options traders had priced in an eight percent swing following the report. [1]

Trading volume reached 89.4 million shares on October 20, according to The Motley Fool. This volume was nearly 5.5 percent below the three-month daily average of 94.5 million shares. Investors focused their attention on government demand and launch cadence for the reusable rocket launch and satellite broadband services provider. [1]

The aerospace and artificial intelligence company went public in an initial public offering on June 12, 2026. Prior to the after-hours increase, SpaceX shares had declined eight percent since going public. [1][10]

Other commercial launch providers are also preparing scheduled financial updates. As FTMQ Space reported earlier, Firefly Aerospace plans to announce its third quarter 2026 financial results on November 10, following financial market close. [13]