SpaceX (SPCX) and Tesla (TSLA) are slated to release their third‑quarter results this week, drawing investor focus to AI revenue, profitability and lingering merger chatter. Analysts anticipate notable stock moves as the companies unveil their latest financials.
SpaceX is scheduled to announce its Q3 earnings on Tuesday, marking only the second filing since the company went public in June. Traders are pricing in a potential swing of up to 7.5% in either direction by week’s end, with options data suggesting the stock could rise from its current $150 level to as high as $162 or dip to $139 (Investopedia). Analysts also project that SpaceX will post its first profitable quarter, estimating earnings of 16 cents per share and revenue of $12.84 billion, more than double the figure from a year ago (Investopedia).
Investors will be watching closely to see whether the firm’s AI segment can begin covering its own costs, a point highlighted by Yorkville Ives analysts who note that the speed of converting contracted compute into revenue will be a key metric (Investopedia). Visible Alpha tracks eleven analysts on SpaceX, with nine recommending a buy and an average price target of $279, implying over 85% upside from recent levels (Investopedia).
Following SpaceX, Tesla is expected to release its own third‑quarter results on Wednesday, as reported by Reuters on Oct 19. The back‑to‑back filings keep market attention on Elon Musk’s two flagship companies and fuel speculation about a possible merger, though no concrete details have emerged (Reuters).
Both companies have been in the spotlight for their expanding AI ambitions and recent strategic moves, including SpaceX’s push toward becoming a traditional mobile carrier and its pledge to distribute shares to U.S. children next year. As the earnings week unfolds, market participants will gauge whether these growth narratives translate into sustainable profitability and whether any merger talks gain traction.