# 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.
- Title: SpaceX's $561m Gain from Boring Company Boosts Profit
- Summary: 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…
- Keywords: spacex, the boring company, net income, unrealized gain, musk, space exploration technologies, space x, spcx, finance, money, SpaceX's, 561m
- Source: The Motley Fool — https://fool.com/investing/2026/10/26/nearly-13-of-spacexs-44-billion-profit-came-from-t
- Author: Adam Spatacco
- Published: 2026-10-26T17:00:00+00:00
- Read time: 1 min
- Topics: spacex, the boring company, net income, unrealized gain, musk, space exploration technologies, space x, spcx, finance, money
## 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.
## Key takeaway

SpaceX recorded a $561 million unrealized gain from The Boring Company, contributing 12.7% to its $4.4 billion net income.