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SpaceX Stock Was 9.5% Above Its IPO Price on Its 90th Trading Day
SpaceX closed at $147.79 on October 20, about 9.5% above its $135 IPO price; Facebook was still below its offer price at the same milestone. Third quarter revenue was $14.58 billion and net income was $4.4 billion.
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Key takeaways
- SpaceX closed at $147.79 on October 20, about 9.5% above its $135 IPO price; Facebook was still below its offer price at the same milestone.
- Third quarter revenue was $14.58 billion and net income was $4.4 billion. Reports put the upcoming October 22 and October 24 lockup releases at about 1.3 billion and 328 million shares, respectively—shares becoming el...
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openai.comCreate a landscape editorial hero image for this Studio Global article: How did SpaceX’s shares perform on their 90th trading day on October 20, 2026, relative to their $135 IPO price and the comparable post-IPO. Article summary: SpaceX closed its 90th trading day about 9.5% above its $135 IPO price, outperforming Facebook at the same post-IPO milestone, and then rose about 8% in extended trading after its earnings release.[7][2] The available ev. Topic tags: general, general web, news, user generated. Style: premium digital editorial illustration, source-backed research mood, clean composition, high detail, modern web publication hero. Use reference image context only for broad subject, composition, and topical grounding; do not copy the exact image. Avoid: logos, brand marks, copyrighted characters, real person likenesses, fake screenshots, UI text, readable text, watermarks, charts wi
SpaceX ended October 20, 2026, its reported 90th trading day, at $147.79—about 9.5% above its $135 IPO price. The company also reported $14.58 billion in third-quarter revenue and $4.4 billion in net income, while large staged lockup releases were approaching.2
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SpaceX’s 90th-day return—and what the comparisons show
SpaceX priced its IPO at $135 a share and raised $75 billion. At the October 20 close of $147.79, the stock was $12.79 above its offer price, a gain of approximately 9.5%.13
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One comparison source says Facebook was still below its IPO price at the same post-IPO milestone, putting SpaceX ahead on that specific measure.2 The available sources do not establish the comparable returns for Arm or Alibaba, or how long Facebook took to regain its offer price, so those comparisons cannot be stated reliably here.
Earnings: $14.58 billion in revenue and a return to profit
SpaceX reported third-quarter revenue of $14.58 billion, up 161% from roughly $5.6 billion a year earlier. Analysts’ estimates varied by provider: LSEG consensus was $12.72 billion, while Visible Alpha consensus was $12.86 billion. Revenue exceeded both.18
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Net income reached $4.4 billion, compared with a $1.05 billion loss a year earlier. Axios reported analyst expectations of $2.12 billion in profit.21
Super Intelligence led reported segment revenue
The Super Intelligence (SI) business generated $7.56 billion in revenue, up about 830% year over year, and became larger than the connectivity business for the first time.1
10 Connectivity, which includes Starlink, brought in $5.25 billion, up 69% year over year.
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SpaceX’s Space segment reported $1.8 billion in revenue, up 84% from the previous quarter. The company also reported 35 launches during the quarter; the available figures do not establish that all Space-segment revenue came from launches.39
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2027 revenue outlook topped the cited estimate
SpaceX forecast first-quarter 2027 revenue of $33 billion to $37 billion. CNBC reported an average analyst estimate of $22.2 billion, putting the company’s forecast range above that benchmark.35
After-hours trading and merger discussions
Reports differed on the size of SpaceX’s initial after-hours move following the earnings release: CNBC described a rise of about 8%, while another report put the move at about 2%.18
7 Those are reported extended-trading figures, not the October 20 closing return versus the IPO price.
Elon Musk said SpaceX and Tesla had formed special committees to discuss a possible merger.17 The available report confirms the committees’ existence but does not establish that they were independent or verify the precise shareholder-support requirement for a merger.
Lockup releases could increase the available share supply
SpaceX’s post-IPO lockup releases shares in stages, with the broader 180-day lockup scheduled to end on December 8.3
4 Reports put the earnings-related release around October 22 at up to 1.3 billion shares, followed by a separate release of up to about 328 million shares on October 24. Because October 24 was a Saturday, those shares would first be tradable on October 26, according to the IPO schedule cited in reporting.
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At the October 20 close of $147.79, those maximum amounts would have a notional market value of roughly $193.6 billion and $48.5 billion, respectively. These are calculations using the closing price and reported share counts—not forecasts of actual sales or proceeds. Becoming eligible to trade does not mean holders will sell all, or any, of their shares.
The key distinction is therefore between potential supply and selling pressure: the releases could make more shares available, but their market impact depends on whether holders choose to sell and how investors respond. The available sources do not provide enough consistent detail to make a reliable claim about the stock’s behavior around the earlier August unlock.
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SpaceX closed at $147.79 on October 20, about 9.5% above its $135 IPO price; Facebook was still below its offer price at the same milestone.
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SpaceX closed at $147.79 on October 20, about 9.5% above its $135 IPO price; Facebook was still below its offer price at the same milestone. Third quarter revenue was $14.58 billion and net income was $4.4 billion. Reports put the upcoming October 22 and October 24 lockup releases at about 1.3 billion and 328 million shares, respectively—shares becoming el...