SpaceX Stock Price Slips to $147 as Q3 Earnings Due After Tuesday Close

SpaceX stock closed at 147.96 dollars on Monday, October 19, 2026, and was changing hands near 147 dollars Tuesday morning ahead of the company's second quarterly report since its record June listing, according to Yahoo Finance data. People typing "space x stock price" into Google this week were looking at a stock down about 14 percent from its October 6 close of 171.92 dollars and more than a third below its 52-week high of 225.64 dollars, per Yahoo Finance. The search volume reflects both the novelty of a public SpaceX and the stakes of a quarterly report.

The reason for the attention is the calendar. SpaceX is scheduled to report third quarter results after the market close on Tuesday, October 20, per the CNBC earnings preview published October 20, which also noted a results webcast scheduled for the same afternoon. It will be the second quarterly report since the company raised 75 billion dollars in a June initial public offering priced at 135 dollars, and a look at how those newly public launch, Starlink and AI compute businesses are tracking as real reporting segments, a step beyond the Q2 print it reported in August.

Related reading: Wells Fargo Stock Fell 3% on Tuesday: Q3 Revenue Missed Despite EPS Beat.

Wall Street has penciled in a modest quarter. The analyst consensus collected by LSEG calls for revenue near 12.72 billion dollars and earnings per share near 0.13 dollars for the three months ended September 30, according to the CNBC earnings preview published October 20. StreetAccount's segment breakdown slices that revenue into artificial intelligence near 6.47 billion dollars, connectivity at 4.84 billion and space at 1.41 billion. The AI figure is the one most analysts point to as the swing factor, at about half of the StreetAccount revenue estimate for the quarter.

The stock is expensive on that consensus. At 147 dollars the market is valuing the company at a level that implies investors expect the AI and connectivity segments to keep compounding for years, not to simply hit this quarter's number. That is the bull case in one line: a launch monopoly plus a Starlink subscriber base plus an AI data-center business that closed the 60 billion dollar acquisition of Cursor in October, as reported by CNBC. The bear case is equally direct: the shares ran up hard after the IPO, the recent weeks show a steady grind lower even as the broader market held, and a miss in any of the three segments would hit a valuation that left little room for error.

Related reading: Tesla Stock Jumps 3.8% on Merger Speculation: Q3 Earnings Loom Wednesday.

What is dated next is the release itself. Because the report lands after the close on Tuesday, the reaction will not show up in the tape until Wednesday, October 21, when traders decide whether revenue of 12.72 billion dollars and the AI segment number were enough. Anyone searching the stock price this week should watch three figures in that print: revenue versus the 12.72 billion consensus, the artificial intelligence segment revenue near 6.47 billion, and earnings per share versus 0.13 dollars. A beat across all three would argue the recent dip was a buying window that closed; a miss in AI would add fuel to the argument that the post-IPO stock ran ahead of the underlying business.

Related reading: JNJ Stock Slid 5.7% After Q3 Earnings Beat as MedTech Sales Missed.

Related reading: Morgan Stanley Q3 2026 earnings beat street estimate.

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