SpaceX jumps 8% after Q3 revenue surges 161% to $14.6B

The scale of the beat, rather than the direction, is the story here: a 161% year-on-year jump puts SpaceX's growth in a different bracket from most listed peers, and the market's 8% opening move suggests it was not fully priced in. The forward-looking figure Musk attached to 2027 is the more consequential claim, since it shifts the debate from past execution to whether that trajectory is credible — and that is the open question. The accompanying strength in memory names points to a broader risk-on tone across US equities rather than an isolated SpaceX reaction.