SpaceX’s latest earnings report sent shockwaves through the tech‑heavy Asian equities, lifting the MSCI Asia Pacific Index by 0.6% and sending the Kospi up 3.62%.
The company disclosed a Q3 net income of $4.4 B, a sharp increase that eclipsed analysts’ consensus of $2.8 B and marked a 161% jump in revenue compared with the same quarter a year prior.
Stock traders were quick to react, with SpaceX shares climbing roughly 7% in after‑hours trading. The spike lifted the broader AI‑infrastructure sector, including Super Micro Computer, which rose 15% post‑market after its own earnings beat.
Investors now eye the upcoming earnings calendar, hoping that the robust growth trajectory can justify the massive capital inflows into AI technologies. The next big data point will be SpaceX’s guidance for Q4, expected early next month, which could shape the rally’s direction.
Meanwhile, the Nikkei 225 and Topix also posted gains of 1.76% and 1.12% respectively, suggesting that AI sentiment is resonating beyond the United States. Yields on long‑term U.S. Treasuries lagged, reinforcing a risk‑on environment.