SpaceX shares jump 10% on blowout Q3, lifting Nasdaq 100 1.3% as AI trade returns

SpaceX shares jumped 10% on Wednesday after a third quarter that beat forecasts, reviving the AI trade and lifting the Nasdaq 100 1.3% by midday. SpaceX reported Q3 revenue of $14.6 billion, up 161% year over year, with adjusted EBITDA of $8.8 billion; its Super Intelligence unit brought in $7.56 billion, up 830%.

Detected & updated continuously · Source: Nebula