Key facts
- SpaceX expected to report Q3 revenue of $12.74 billion and earnings of 14 cents a share.
- SpaceX's Q2 revenue was $7.8 billion with a net loss of $541 million.
- Tesla delivered 486,532 vehicles in the third quarter.
- Analysts expect Tesla to report adjusted earnings of 43 cents a share on revenue of $27.88 billion.
SpaceX and Tesla are set to release their third-quarter financial results this week, providing investors with a dual perspective on Elon Musk's ventures amid ongoing merger speculation. The earnings reports will be scrutinized to determine if the revenue growth from SpaceX's Starlink satellite internet service and improvements in Tesla's automotive profit margins can sufficiently fund the significant artificial intelligence investments that are fueling discussions about a potential merger. SpaceX reports its results on Tuesday, followed by Tesla on Wednesday. Analysts anticipate SpaceX will report revenue of approximately $12.74 billion and earnings per share of 14 cents, while Tesla is expected to post adjusted earnings of about 43 cents per share on revenue of $27.88 billion. The companies' financial performance and strategic spending, particularly in AI, will be key factors for investors assessing the feasibility and potential structure of a merger, with some analysts suggesting SpaceX as the more likely acquirer.