SpaceX reports its second earnings today: here’s what to expect

teslarati.com Oct 20, 2026

SpaceX reports its second earnings today: here’s what to expect

Curated by Shubham · TechCapsules · Oct 20, 2026

AI-summarised brief · reviewed before publication

SpaceX will report its second quarterly earnings after its IPO, with analysts projecting $12.72 billion in revenue and $0.13 EPS. Revenue is expected to rise 65 % from Q2, driven mainly by AI/SI, which could double to $5.12 billion and account for half of total sales. Connectivity is projected at $4.84 billion, while Space revenue is estimated at $1.41 billion. Investors will focus on AI revenue targets, Starlink subscriber growth, capex plans, and Starship operational updates.

💡 Why It Matters

· The earnings reveal whether SpaceX’s AI push can sustain its rapid revenue growth and justify its high valuation.
· The call will also clarify the company’s capital allocation and Starship progress, key factors for investors assessing long‑term profitability.

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Micron Invests in New York Critical Minerals Processing With Indium Corporation

Micron Technology announced a strategic investment in Indium Corporation’s Rome, New York, facility to expand critical‑mineral refining and high‑purity material production for advanced semiconductors. The partnership, part of Micron’s $3 billion U.S. supply‑chain plan, will secure a long‑term supply of indium and other essential minerals, reducing dependence on overseas processing. The deal aligns with Micron’s broader goal of boosting domestic semiconductor manufacturing and supports the company’s projected $250 billion spend through 2035.

💡 By re‑establishing domestic critical‑mineral processing, the partnership cuts a key vulnerability in the U.S. semiconductor supply chain, directly supporting national security and the growth of high‑tech manufacturing in Upstate New York.

appleinsider.com · Oct 20

Loop Capital cuts AAPL target to $330 over complicated 2026-2027 iPhone cycle

Loop Capital downgraded Apple to a Hold rating and lowered its price target from $370 to $330, citing a projected decline in iPhone shipments through 2026‑2027. Analyst Ananda Baruah noted that Apple’s staggered release schedule and supply‑chain constraints—particularly memory and processor shortages—will prevent the company from recovering the 13 million units omitted from its second‑half 2026 plan. Loop now projects 79 million iPhone shipments for Q4 2026, versus Wall Street’s 85 million estimate, and expects no rebound in 2027.

💡 The downgrade signals growing concern over Apple’s ability to sustain its flagship product’s momentum, potentially reshaping investor expectations for the tech giant’s near‑term earnings.

cleantechnica.com · Oct 20

Top Investor Predicts SpaceX Will Buy Tesla At $420/Share In Coming Weeks

Investor Gary Black of The Future Fund predicts SpaceX will acquire Tesla at a price of $420 per share in SpaceX stock within weeks, potentially closing in a year. The speculation follows a recent Tesla Roadster launch that Black described as a staged push for a merger, and comments from biographer Walter Isaacson linking the vehicle’s thruster technology to SpaceX. Barclays analysts have also warned of a possible announcement before Tesla’s upcoming annual meeting, intensifying market chatter since SpaceX’s initial public offering. Past Musk-led consolidations—Tesla’s rescue of SolarCity and SpaceX’s support of X and xAI—fuel expectations that a combined entity could streamline resources and leverage cross‑industry synergies. The deal would also create a platform for integrated transportation and satellite services.

💡 Uniting the world’s leading EV maker with the premier commercial launch provider would give Musk unrivaled leverage over both ground and space logistics, reshaping how capital flows into sustainable transport and satellite infrastructure.

cleantechnica.com · Oct 17

Shifting Conversations At The Africa E-Mobility Week & Forum Showcase Growth In…

The fifth Africa E‑Mobility Week & Forum took place in late October at Nooitgedacht Estate in Stellenbosch, marking the event’s first Southern African venue after previous editions in Kenya and Ethiopia. Organized by AfEMA, UNEP, the African Union Commission and UNECA, the forum attracted 320 participants from 42 nations. Over its five‑year run, the gathering has tracked the continent’s shift from early‑stage electric‑motorcycle pilots to broader electrification, including buses and heavy‑duty trucks. Notable milestones include Spiro’s deployment of more than 150,000 electric motorcycles and the establishment of 2,500 battery‑swap stations across multiple markets. Despite this growth, most startups still depend on large funding rounds to scale, underscoring a continued need for investment to mainstream e‑mobility across Africa.

💡 The event’s expanding geographic footprint and rising participation signal that African e‑mobility is moving from niche pilots to a continent‑wide market, demanding substantial capital to sustain its rapid scaling.

teslarati.com · Oct 16

Tesla’s flying Roadster just revealed something bigger than the car

The Roadster unveiling near Waco sparked chatter focused less on the vehicle and more on the SpaceX technology integrated into it. Analysts noted the car’s cold‑gas thrusters, pressure vessel and control hardware are identical to Falcon 9 components, underscoring a tangible link between Tesla and SpaceX. Wedbush’s Dan Ives said the demo puts the relationship “on the table,” while Deepwater’s Gene Munster dismissed commercial value but observed Musk’s desire to keep the two firms together. Barclays forecasts a possible all‑stock merger, valuing SpaceX at $2.1 trillion and Tesla at $1.5 trillion, with a deal potentially announced before Tesla’s December 6 annual meeting or within the next year. Musk has offered no comment, leaving the next clue for the October 21 earnings call for investors to watch.

💡 The demo turns speculative merger talk into a concrete strategic option, forcing shareholders to weigh a high‑valued cross‑industry union.

therobotreport.com · Oct 16

Stryker invests $400M into CMR Surgical

Stryker announced a $400 million investment in UK‑based CMR Surgical, securing an exclusive U.S. commercial agency for the Versusis robotic platform and an option to acquire the company’s remaining equity. The deal gives Stryker a foothold in soft‑tissue robotics, leveraging its endoscopy and visualization expertise, while CMR gains capital and access to Stryker’s sales network to accelerate Versius expansion. Versius is a compact, modular robot designed for use outside dedicated operating rooms and is cleared for procedures such as cholecystectomy, with FDA 510(k) clearance and pending submissions for benign gynecologic surgery. The system is already deployed in more than 30 countries, supporting over 45,000 cases across general, colorectal, urology, gynecology and thoracic surgery and aims to boost adoption in outpatient clinics.

💡 Pairing Stryker’s distribution muscle with Versius’s flexible design could fast‑track robotic surgery into community hospitals, reshaping where complex procedures are performed.