From The Motley Fool · Adam Spatacco · · 1m
SpaceX's $561m Gain from Boring Company Boosts Profit
SpaceX's $561m gain from The Boring Company added 12.7% to its $4.4bn profit.
In brief
SpaceX's $561m gain from The Boring Company added 12.7% to its $4.4bn profit. SpaceX recorded a $561 million unrealized gain from The Boring Company, contributing 12.7% to its $4.4 billion net income. Originally reported by The Motley Fool.
SpaceX's Q3 earnings
SpaceX reported $14.6 billion revenue and $4.4 billion net income for Q3.
Boring Company investment gain
SpaceX recorded a $561 million unrealized gain from The Boring Company in Q3.
Boring Company valuation
The Boring Company raised $3 billion in funding, valuing the business at $20 billion.
Accounting impact
Under GAAP, SpaceX recognized the $561 million gain as an unrealized investment increase.
Profit contribution
The gain represented 12.7% of SpaceX's $4.4 billion total net income.
Alphabet's similar gain
Alphabet reported a $98 billion unrealized gain from SpaceX in Q2 2025.
SpaceX's capital spending
SpaceX spent $19.6 billion on capital expenditures for AI, Starship, and satellite production.
The bottom line
SpaceX recorded a $561 million unrealized gain from The Boring Company, contributing 12.7% to its $4.4 billion net income.
