# SpaceX Shares Jump After First Profit

> SpaceX shares rose 8% after reporting first quarterly profit since IPO.
- Title: SpaceX Shares Jump After First Profit · TokenPost | Shortify
- Summary: SpaceX shares rose 8% after reporting first quarterly profit since IPO. SpaceX reported $4.404 billion in quarterly profit following 161% revenue growth.
- Keywords: spacex, elon musk, tesla, nasdaq, quarterly profit, ipo, crypto, finance, Shares, Jump, First, Profit
- Source: TokenPost — https://tokenpost.com/news/business/37150
- Published: 2026-10-21T23:22:54+00:00
- Read time: 1 min
- Topics: spacex, elon musk, tesla, nasdaq, quarterly profit, ipo, crypto, finance
## SpaceX Reports Profit
SpaceX shares rose 8% Wednesday after reporting first quarterly profit since its June IPO.

> SpaceX reported $4.404 billion in net income, or 35 cents per diluted share, on $14.575 billion in revenue for the quarter ended sept. 30
## Profit Details
Revenue increased 161% year over year with $1.025 billion other income and $873 million interest income.

> Operating income was $2.791 billion
## Musk on Merger Talks
Musk said committees at SpaceX and Tesla were weighing a possible merger but no deal is certain.

> I think that would be overstating it
## Key takeaway

SpaceX reported $4.404 billion in quarterly profit following 161% revenue growth.