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Space stocks stay strong after SpaceX shares good news for the third quarter.

ResultsRead the original at Benzinga
Good for SPCX

SpaceX beat sales and per-share profit estimates, and sales rose 161%. Space sales grew only 6%, and SI costs were $4.6 billion, but strong growth elsewhere and $53.39 billion in cash make the report positive overall.

SPCX · Space Exploration Technologies Corp.

AI read · Good for SPCX

The AI's read

Starlink’s subscriber base and 12 customer launches show ongoing activity. Space sales grew only 6%, and SI costs were $4.6 billion. Still, growth in SI and Connectivity, along with $53.39 billion in cash, makes the report positive for SpaceX.

RKLB · Rocket Lab Corp.

AI read · Neutral

The connection

The story reports a small after-hours share move for Rocket Lab, but no change to its business. It does not alter the company’s outlook.

VOYG · Voyager Technologies Inc.

AI read · Neutral

The connection

The story reports a small after-hours share move for Voyager Technologies, but no change to its business. It does not alter the company’s outlook.

LUNR · Intuitive Machines Inc.

AI read · Neutral

The connection

The story reports a small after-hours share move for Intuitive Machines, but no change to its business. It does not alter the company’s outlook.

ASTS · AST SpaceMobile Inc.

AI read · Neutral

The connection

The story reports a small after-hours share move for AST SpaceMobile, but no change to its business. It does not alter the company’s outlook.

PL · Planet Labs PBC

AI read · Neutral

The connection

The story reports a small after-hours share move for Planet Labs, but no change to its business. It does not alter the company’s outlook.

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