SpaceX CEO Elon Musk said competitors' future plans still lag behind Starship. Musk endorsed an X user's argument that Starship would widen the competitive gap between SpaceX and rivals already behind before Starship becomes SpaceX's mainstream rocket. SpaceX competes with Rocket Lab Corporation and Blue Origin, which billionaire Jeff Bezos backs.
SpaceX recently conducted Starship's first-ever orbital flight with Flight Test 14. SpaceX deployed multiple Starlink V3 satellites into low Earth orbit during the launch. Musk outlined a six-week timeline for SpaceX to conduct Starship's 15th launch.
Rocket Lab said last week that the medium-sized reusable Neutron rocket would be delayed until 2027. The delay erased billions of dollars from Rocket Lab's valuation.
Blue Origin could be preparing for an initial public offering after Blue Origin's latest funding round admitted outside investors for the first time. Bezos funded Blue Origin for more than 25 years. Bezos confirmed that Bezos had invested $28 billion of personal funds in Blue Origin. Blue Origin was poised to launch the New Glenn rocket earlier this year. However, an explosion during a static fire test delayed the launch.
Multiple analysts, including Ross Gerber and Deepwater Asset Management's Gene Munster, expect SpaceX to merge with Musk-led automaker Tesla. Tesla supporter Dan Ives also said the companies could merge after Tesla debuted the Roadster high-performance electric vehicle with SpaceX gas thruster technology. The gas thruster technology could make the car fly.
SpaceX will report third-quarter 2026 earnings on Tuesday after market close. The results will be SpaceX's second earnings report since SpaceX went public in June. SpaceX reported second-quarter revenue of $7.81 billion, up 92% year over year. Benzinga Pro data shows analysts expect third-quarter revenue of $12.94 billion. Benzinga Pro data shows analysts expect third-quarter earnings of $0.16 per share. SpaceX shares, traded under SPCX, rose 1.42% to $148.10 during overnight trading.
Elon Musk Claims SpaceX's Starship Outpaces Rivals Blue Origin and Rocket Lab
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Elon Musk highlighted in AI + crypto news that SpaceX's Starship is ahead of Blue Origin and Rocket Lab. SpaceX aims for its 15th Starship launch in six weeks, following its first orbital flight. Rocket Lab pushed back its Neutron rocket to 2027, while Blue Origin faces delays after a test explosion. Analysts also mention token launch news, with rumors of a potential SpaceX-Tesla merger circulating.
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