SpaceX Launches 3 Rockets in 13 Hours as Stock Jumps 6%
Updated
Updated · The Motley Fool · Oct 2
SpaceX Launches 3 Rockets in 13 Hours as Stock Jumps 6%
3 articles · Updated · The Motley Fool · Oct 2
Summary
Three launches in less than 13 hours lifted SpaceX shares about 6% Friday after missions to the ISS, commercial orbit and U.S. intelligence customers.
Crew-13 sent four astronauts to the ISS in under eight hours — the fastest trip there by an American spacecraft — while Transporter-18 deployed 130 payloads and Falcon Heavy flew its first NRO mission.
Four boosters were recovered across the day, including a Falcon 9 on its 25th flight and both Falcon Heavy side boosters, underscoring SpaceX's reuse-driven launch cadence.
Financially, Connectivity — which includes Starlink — remains the profit engine with $4.3 billion in revenue and $1.7 billion in operating profit, while the Space unit posted a $542 million operating loss on $962 million in revenue.
That accounting partly reflects SpaceX launching its own Starlink satellites internally, as the company also bets on AI infrastructure that lost $1.3 billion last quarter but could generate up to $3.4 billion a month from compute contracts.