SpaceX and AST SpaceMobile post Q3 results and AST targets U.S. service launch by year‑end
SpaceX reported third‑quarter revenue of $14.6 billion, up 161% YoY, and net income of $4.4 billion. AST SpaceMobile posted Q3 revenue of $42.3 million, a 187% increase, but remained unprofitable. AST reaffirmed its full‑year revenue outlook of $150 million‑$200 million and said it will switch on intermittent satellite‑to‑phone service in the United States before the end of 2026, aiming for over 100 BlueBird satellites by 2028. Both companies highlighted growth drivers—SpaceX from Starlink and AI, AST from carrier partnerships and its upcoming Blacklift launch vehicle.
Why it matters
The contrasting financial profiles give investors a clear view of the scale gap and risk/reward between the two satellite connectivity players. AST’s launch timeline and revenue outlook provide a concrete near‑term catalyst that could affect its share price and funding needs, while SpaceX’s massive valuation hinges on continued Starlink growth.
Key facts
- 1SpaceX Q3 revenue was $14.6 billion, up 161% YoY. blockonomi.com
- 2SpaceX Q3 net income was $4.4 billion. blockonomi.com
- 3AST SpaceMobile Q3 revenue was $42.3 million, up about 187% YoY. blockonomi.com
- 4AST SpaceMobile remained unprofitable in Q3. blockonomi.com
- 5AST reaffirmed full‑year revenue guidance of $150 million‑$200 million. finance.biggo.com
- 6AST expects to switch on intermittent U.S. satellite‑to‑phone service before the end of 2026. finance.biggo.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.