{"id":69821,"date":"2026-10-21T06:54:01","date_gmt":"2026-10-21T06:54:01","guid":{"rendered":"https:\/\/www.vtmarkets.com\/pl-eu\/uncategorized\/spacex-q3-earnings-beat-estimates-as-ai-revenue-surges\/"},"modified":"2026-10-21T06:54:01","modified_gmt":"2026-10-21T06:54:01","slug":"spacex-q3-earnings-beat-estimates-as-ai-revenue-surges","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/pl-eu\/analysis\/spacex-q3-earnings-beat-estimates-as-ai-revenue-surges\/","title":{"rendered":"Zyski SpaceX w III kw. przebi\u0142y oczekiwania, a przychody z AI gwa\u0142townie rosn\u0105"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/wp-content\/uploads\/2026\/10\/spcx-1024x559.webp\" alt=\"\" class=\"wp-image-72417\"\/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Kluczowe informacje<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Przychody SPCX wzros\u0142y o 161% rok do roku do 14,58 mld USD, powy\u017cej prognoz sprzed publikacji wynik\u00f3w na poziomie 12,7\u201312,9 mld USD.<\/li>\n\n\n\n<li>Skorygowany EBITDA (zysk operacyjny przed odsetkami, podatkami, amortyzacj\u0105 i umorzeniem, po korektach o zdarzenia jednorazowe) wyni\u00f3s\u0142 8,81 mld USD wobec oczekiwa\u0144 oko\u0142o 6,6 mld USD.<\/li>\n\n\n\n<li>Super Intelligence by\u0142a najwi\u0119kszym segmentem przychod\u00f3w, z wynikiem 7,56 mld USD.<\/li>\n\n\n\n<li>Nak\u0142ady inwestycyjne w IV kwartale mog\u0105 si\u0119gn\u0105\u0107 35\u201340 mld USD, poniewa\u017c rosn\u0105 wydatki na infrastruktur\u0119.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"wp-block-paragraph\">Przychody SpaceX w III kwartale wzros\u0142y o 161% rok do roku do 14,58 mld USD, przebijaj\u0105c prognozy sprzed publikacji wynik\u00f3w (12,7\u201312,9 mld USD), gdy firma rozwija\u0142a dzia\u0142alno\u015b\u0107 zwi\u0105zan\u0105 ze sztuczn\u0105 inteligencj\u0105 (AI, czyli programami ucz\u0105cymi si\u0119 na danych).<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-x wp-block-embed-x\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/x.com\/search?q=%24SPCX&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$SPCX<\/a> just revealed its Q3 revenue growth came in at 161% year-over-year. <br><br>The company reported a revenue of $14.58 billion for the quarter. \ud83e\udd11 <br><br>Read more: <a href=\"https:\/\/t.co\/XSSpsxYOSP\">https:\/\/t.co\/XSSpsxYOSP<\/a> <a href=\"https:\/\/t.co\/0O7Qr9lzLM\">pic.twitter.com\/0O7Qr9lzLM<\/a><\/p>&mdash; Yahoo Finance (@YahooFinance) <a href=\"https:\/\/x.com\/YahooFinance\/status\/2112640560037003482?ref_src=twsrc%5Etfw\">October 20, 2026<\/a><\/blockquote><script async src=\"https:\/\/platform.x.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Sp\u00f3\u0142ka pokaza\u0142a te\u017c pierwszy kwartalny zysk netto od debiutu gie\u0142dowego: 4,40 mld USD. Skorygowany EBITDA (wynik operacyjny przed odsetkami, podatkami oraz amortyzacj\u0105, po korektach) si\u0119gn\u0105\u0142 8,81 mld USD, powy\u017cej oczekiwa\u0144 na poziomie oko\u0142o 6,6 mld USD.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Poza samym pozytywnym zaskoczeniem wynikami, struktura przychod\u00f3w oraz bie\u017c\u0105ca efektywno\u015b\u0107 Starlinka lepiej pokazuj\u0105 tempo post\u0119p\u00f3w firmy.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Dlaczego traderzy obserwuj\u0105 SpaceX<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Super Intelligence wygenerowa\u0142a 7,56 mld USD, czyli nieco ponad po\u0142ow\u0119 kwartalnych przychod\u00f3w. Segment \u0142\u0105czno\u015bci do\u0142o\u017cy\u0142 5,25 mld USD, a operacje kosmiczne 1,77 mld USD. Wszystkie trzy obszary przekroczy\u0142y prognozy sprzed publikacji wynik\u00f3w wykorzystane w tej analizie, ale rosn\u0105cy udzia\u0142 AI sprawia, \u017ce coraz wa\u017cniejszy staje si\u0119 popyt na moc obliczeniow\u0105 (czyli dost\u0119pne zasoby serwer\u00f3w i uk\u0142ad\u00f3w do liczenia).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">W segmencie \u0142\u0105czno\u015bci wyniki Starlinka by\u0142y bardziej mieszane. Liczba abonent\u00f3w wzros\u0142a do 13,6 mln z 12,0 mln w II kwartale, ale by\u0142a ni\u017csza od cz\u0119\u015bci prognoz. Miesi\u0119czny przych\u00f3d na klienta wzr\u00f3s\u0142 do 69 USD z 66 USD, jednak pozostawa\u0142 poni\u017cej 83 USD sprzed roku, poniewa\u017c us\u0142uga wesz\u0142a na rynki o ni\u017cszych cenach.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Nak\u0142ady inwestycyjne (capex, czyli wydatki na rozw\u00f3j i sprz\u0119t, np. centra danych, satelity, serwery) w III kwartale wynios\u0142y 19,59 mld USD, w tym 16,44 mld USD na AI. Zarz\u0105d wskaza\u0142, \u017ce wydatki w IV kwartale mog\u0105 si\u0119gn\u0105\u0107 35\u201340 mld USD. Tempo pozyskiwania klient\u00f3w oraz wykorzystanie mocy (czyli stopie\u0144, w jakim infrastruktura faktycznie pracuje) zdecyduj\u0105, jak szybko ta inwestycja zacznie przynosi\u0107 zwrot.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">Kluczowe poziomy dla handlu<\/h2>\n\n\n\n<!-- TradingView Widget BEGIN -->\n<div class=\"tradingview-widget-container\">\n  <div class=\"tradingview-widget-container__widget\"><\/div>\n  <div class=\"tradingview-widget-copyright\"><a href=\"https:\/\/www.tradingview.com\/symbols\/NASDAQ-SPCX\/\" rel=\"noopener nofollow\" target=\"_blank\"><span class=\"blue-text\">Wykres akcji SPCX<\/span><\/a><span class=\"trademark\">&nbsp;by TradingView<\/span><\/div>\n  <script type=\"text\/javascript\" src=\"https:\/\/s3.tradingview.com\/external-embedding\/embed-widget-advanced-chart.js\" async>\n  {\n  \"allow_symbol_change\": true,\n  \"calendar\": false,\n  \"details\": false,\n  \"hide_side_toolbar\": true,\n  \"hide_top_toolbar\": false,\n  \"hide_legend\": false,\n  \"hide_volume\": false,\n  \"hotlist\": false,\n  \"interval\": \"D\",\n  \"locale\": \"en\",\n  \"save_image\": true,\n  \"style\": \"1\",\n  \"symbol\": \"NASDAQ:SPCX\",\n  \"theme\": \"dark\",\n  \"timezone\": \"Etc\/UTC\",\n  \"backgroundColor\": \"#0F0F0F\",\n  \"gridColor\": \"rgba(242, 242, 242, 0.2)\",\n  \"watchlist\": [],\n  \"withdateranges\": false,\n  \"compareSymbols\": [],\n  \"support_host\": \"https:\/\/www.tradingview.com\",\n  \"studies\": [],\n  \"width\": 900,\n  \"height\": 500\n}\n  <\/script>\n<\/div>\n<!-- TradingView Widget END -->\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>Poziom ceny<\/strong><\/td><td class=\"has-text-align-left\" data-align=\"left\"><strong>Na co patrz\u0105 traderzy<\/strong><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">172,63 USD<\/td><td class=\"has-text-align-left\" data-align=\"left\">Szczyt z pa\u017adziernika i kolejny punkt odniesienia powy\u017cej 158,02 USD<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">158,02 USD<\/td><td class=\"has-text-align-left\" data-align=\"left\">Najbli\u017cszy op\u00f3r i kluczowy poziom wybicia<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">140,56 USD<\/td><td class=\"has-text-align-left\" data-align=\"left\">Pierwsze wsparcie<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">131,34 USD<\/td><td class=\"has-text-align-left\" data-align=\"left\">Kolejny punkt odniesienia poni\u017cej 140,56 USD<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">107,17 USD<\/td><td class=\"has-text-align-left\" data-align=\"left\">G\u0142\u0119bsze wsparcie, je\u015bli wyprzeda\u017c si\u0119 nasili<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Poziom <strong>158,02 USD<\/strong> to strefa oporu, kt\u00f3r\u0105 kupuj\u0105cy musz\u0105 odzyska\u0107, aby wzmocni\u0107 odbicie. Ruch powy\u017cej <strong>172,63 USD<\/strong> oznacza\u0142by wyj\u015bcie ponad pa\u017adziernikowy szczyt i sta\u0142by si\u0119 kolejnym punktem odniesienia, czy kurs wraca do wcze\u015bniejszych maksim\u00f3w.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Po stronie spadkowej <strong>140,56 USD<\/strong> to pierwsze wsparcie, gdzie mo\u017ce pojawi\u0107 si\u0119 popyt. <strong>131,34 USD<\/strong> jest kolejnym wsparciem, je\u015bli ten poziom p\u0119knie, a <strong>107,17 USD<\/strong> staje si\u0119 istotne przy g\u0142\u0119bszej korekcie.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">Scenariusze wzrostowe i spadkowe<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/wp-content\/uploads\/2026\/10\/image-1-1024x471.jpeg\" alt=\"\" class=\"wp-image-72420\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Ustawienie<\/strong><\/td><td class=\"has-text-align-left\" data-align=\"left\"><strong>Sygna\u0142<\/strong><\/td><td class=\"has-text-align-left\" data-align=\"left\"><strong>Mo\u017cliwa reakcja rynku<\/strong><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Wzrostowe wybicie<\/td><td class=\"has-text-align-left\" data-align=\"left\">Trwa\u0142y ruch powy\u017cej 158,02 USD, a nast\u0119pnie utrzymanie poziomu<\/td><td class=\"has-text-align-left\" data-align=\"left\">Akcje mog\u0105 odbi\u0107 w kierunku 172,63 USD<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Konsolidacja w przedziale<\/td><td class=\"has-text-align-left\" data-align=\"left\">Utrzymanie mi\u0119dzy 140,56 USD a 158,02 USD<\/td><td class=\"has-text-align-left\" data-align=\"left\">Kurs mo\u017ce porusza\u0107 si\u0119 w trendzie bocznym, a inwestorzy b\u0119d\u0105 ocenia\u0107 perspektywy<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Spadkowe odrzucenie<\/td><td class=\"has-text-align-left\" data-align=\"left\">Nieudana pr\u00f3ba przy 158,02 USD i cofni\u0119cie<\/td><td class=\"has-text-align-left\" data-align=\"left\">Uwaga mo\u017ce wr\u00f3ci\u0107 na 140,56 USD<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Spadkowe prze\u0142amanie<\/td><td class=\"has-text-align-left\" data-align=\"left\">Trwa\u0142e zej\u015bcie poni\u017cej 140,56 USD<\/td><td class=\"has-text-align-left\" data-align=\"left\">Wyprzeda\u017c mo\u017ce wyd\u0142u\u017cy\u0107 si\u0119 do 131,34 USD<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">G\u0142\u0119bsza korekta<\/td><td class=\"has-text-align-left\" data-align=\"left\">Trwa\u0142e zej\u015bcie poni\u017cej 131,34 USD<\/td><td class=\"has-text-align-left\" data-align=\"left\">Akcje mog\u0105 zej\u015b\u0107 w kierunku 107,17 USD<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Scenariusz wzrostowy zak\u0142ada, \u017ce po wybiciu kupuj\u0105cy obroni\u0105 <strong>158,02 USD<\/strong>. Utrzymanie powy\u017cej tego poziomu mo\u017ce wspiera\u0107 odbicie w kierunku <strong>172,63 USD<\/strong>, zw\u0142aszcza je\u015bli rynek nadal wierzy w wzrost AI mimo wy\u017cszych wydatk\u00f3w.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Scenariusz spadkowy zyskuje na sile, je\u015bli kurs spadnie poni\u017cej <strong>140,56 USD<\/strong>, co przeniesie uwag\u0119 na <strong>131,34 USD<\/strong>. Dalsza s\u0142abo\u015b\u0107 mo\u017ce ods\u0142oni\u0107 <strong>107,17 USD<\/strong>, je\u015bli obawy o wydatki na infrastruktur\u0119 lub wolniejszy wzrost przewa\u017c\u0105 nad dobrymi wynikami.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Zastrze\u017cenie<\/em><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">Na co zwr\u00f3ci\u0107 uwag\u0119 dalej<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Nadchodz\u0105ce informacje ze sp\u00f3\u0142ki oraz decyzje w\u0142adz mog\u0105 wp\u0142yn\u0105\u0107 na to, jak inwestorzy oceni\u0105 perspektywy SpaceX.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Kluczowe wydarzenia:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Wyniki Tesli za III kwarta\u0142 (21 pa\u017adziernika):<\/strong> mo\u017cliwy wp\u0142yw na nastroje wobec sp\u00f3\u0142ek kojarzonych z Muskiem oraz wobec firm wzrostowych.<\/li>\n\n\n\n<li><strong>Rozmowy o po\u0142\u0105czeniu SpaceX z Tesl\u0105:<\/strong> specjalne zespo\u0142y analizuj\u0105 potencjaln\u0105 transakcj\u0119, ale nie uzgodniono warunk\u00f3w i do fuzji mo\u017ce nie doj\u015b\u0107.<\/li>\n\n\n\n<li><strong>Posiedzenie Rezerwy Federalnej (27\u201328 pa\u017adziernika):<\/strong> oczekiwania dotycz\u0105ce st\u00f3p procentowych mog\u0105 wp\u0142ywa\u0107 na wyceny sp\u00f3\u0142ek wzrostowych oraz warunki finansowania.<\/li>\n\n\n\n<li><strong>Realizacja plan\u00f3w w AI:<\/strong> informacje o dost\u0119pnej mocy, nowych klientach chmurowych (czyli firmach kupuj\u0105cych dost\u0119p do serwer\u00f3w przez internet) oraz o monetyzacji (zamianie wzrostu na przychody) pomog\u0105 oceni\u0107 zwrot z wydatk\u00f3w.<\/li>\n\n\n\n<li><strong>Nastroje wok\u00f3\u0142 AI szerzej:<\/strong> wydarzenia dotycz\u0105ce CoreWeave i Oracle mog\u0105 wp\u0142ywa\u0107 na zaufanie do biznes\u00f3w infrastrukturalnych wymagaj\u0105cych bardzo du\u017cych nak\u0142ad\u00f3w (kapita\u0142och\u0142onnych).<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<details class=\"wp-block-details is-layout-flow wp-block-details-is-layout-flow\"><summary><strong>Najcz\u0119\u015bciej zadawane pytania<\/strong><\/summary>\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Czy SpaceX przebi\u0142 oczekiwania za III kw. 2026?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Tak. SpaceX poda\u0142 przychody 14,58 mld USD, powy\u017cej prognoz sprzed publikacji wynik\u00f3w na poziomie 12,7\u201312,9 mld USD. Skorygowany EBITDA (wynik operacyjny przed odsetkami, podatkami i amortyzacj\u0105, po korektach) wyni\u00f3s\u0142 8,81 mld USD, powy\u017cej oczekiwa\u0144 oko\u0142o 6,6 mld USD.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Dlaczego AI jest wa\u017cna dla perspektyw SpaceX?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Super Intelligence wygenerowa\u0142a 7,56 mld USD przychod\u00f3w w III kwartale, czyli nieco ponad po\u0142ow\u0119 ca\u0142ej sprzeda\u017cy. Poniewa\u017c SpaceX mocno inwestuje w infrastruktur\u0119 AI (sprz\u0119t i centra danych do oblicze\u0144), przysz\u0142e wyniki b\u0119d\u0105 coraz bardziej zale\u017ce\u0107 od popytu klient\u00f3w oraz od tego, jaki zwrot przynios\u0105 te wydatki.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Czy Starlink nie dowi\u00f3z\u0142 oczekiwa\u0144 co do liczby abonent\u00f3w?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Starlink mia\u0142 13,6 mln abonent\u00f3w detalicznych, poni\u017cej cz\u0119\u015bci prognoz 14,2\u201314,3 mln. Szacunki r\u00f3\u017cni\u0142y si\u0119 jednak mi\u0119dzy instytucjami. Liczba klient\u00f3w i tak wzros\u0142a z 12,0 mln w II kwartale.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Jakie s\u0105 kluczowe poziomy dla handlu akcjami SPCX?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">G\u0142\u00f3wne poziomy po stronie wzrost\u00f3w to 158,02 USD i 172,63 USD. Trwa\u0142e utrzymanie powy\u017cej 158,02 USD mo\u017ce wspiera\u0107 ruch w kierunku 172,63 USD. Po stronie spadk\u00f3w prze\u0142amanie 140,56 USD mo\u017ce skierowa\u0107 uwag\u0119 na 131,34 USD, a potem na 107,17 USD, je\u015bli s\u0142abo\u015b\u0107 si\u0119 utrzyma.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Czy fuzja SpaceX z Tesl\u0105 jest potwierdzona?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Nie. Obie sp\u00f3\u0142ki powo\u0142a\u0142y specjalne zespo\u0142y do zbadania potencjalnej transakcji, ale nie uzgodniono warunk\u00f3w. Same rozmowy nie oznaczaj\u0105, \u017ce do fuzji dojdzie.<\/p>\n<\/details>\n\n\n\n\n<p class=\"wp-block-paragraph\"><b>Zacznij handlowa\u0107 teraz \u2014 kliknij <a href=\"https:\/\/www.vtmarkets.com\/pl-eu\/trade-now\/\">tutaj<\/a>, aby za\u0142o\u017cy\u0107 swoje prawdziwe konto VT Markets.<\/b>\n\n<\/p>","protected":false},"excerpt":{"rendered":"<p>SpaceX zaskakuje rynki: przychody SPCX +161% rdr do 14,58 mld USD, EBITDA 8,81 mld i pierwszy zysk netto 4,40 mld. AI ci\u0105gnie wyniki, ale capex IV kw. 35\u201340 mld podbija stawk\u0119.<\/p>\n","protected":false},"author":87,"featured_media":69820,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[27],"tags":[],"class_list":["post-69821","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO Pro 5.0.1.1 - aioseo.com -->\n\t<meta name=\"description\" content=\"SpaceX zaskakuje rynki: przychody SPCX +161% rdr do 14,58 mld USD, EBITDA 8,81 mld i pierwszy zysk netto 4,40 mld. AI ci\u0105gnie wyniki, ale capex IV kw. 35\u201340 mld podbija stawk\u0119.\" \/>\n\t<meta name=\"robots\" content=\"max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n\t<link rel=\"canonical\" href=\"https:\/\/www.vtmarkets.com\/pl-eu\/analysis\/spacex-q3-earnings-beat-estimates-as-ai-revenue-surges\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO Pro (AIOSEO) 5.0.1.1\" \/>\n\t\t<meta property=\"og:locale\" content=\"en_US\" \/>\n\t\t<meta property=\"og:site_name\" content=\"VT Markets\" \/>\n\t\t<meta property=\"og:type\" content=\"article\" \/>\n\t\t<meta property=\"og:title\" content=\"Zyski SpaceX w III kw. przebi\u0142y oczekiwania, a przychody z AI gwa\u0142townie rosn\u0105 - VT Markets\" \/>\n\t\t<meta property=\"og:description\" content=\"SpaceX zaskakuje rynki: przychody SPCX +161% rdr do 14,58 mld USD, EBITDA 8,81 mld i pierwszy zysk netto 4,40 mld. AI ci\u0105gnie wyniki, ale capex IV kw. 35\u201340 mld podbija stawk\u0119.\" \/>\n\t\t<meta property=\"og:url\" content=\"https:\/\/www.vtmarkets.com\/pl-eu\/analysis\/spacex-q3-earnings-beat-estimates-as-ai-revenue-surges\/\" \/>\n\t\t<meta property=\"article:published_time\" content=\"2026-10-21T06:54:01+00:00\" \/>\n\t\t<meta property=\"article:modified_time\" content=\"2026-10-21T06:54:01+00:00\" \/>\n\t\t<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n\t\t<meta name=\"twitter:title\" content=\"Zyski SpaceX w III kw. przebi\u0142y oczekiwania, a przychody z AI gwa\u0142townie rosn\u0105 - VT Markets\" \/>\n\t\t<meta name=\"twitter:description\" content=\"SpaceX zaskakuje rynki: przychody SPCX +161% rdr do 14,58 mld USD, EBITDA 8,81 mld i pierwszy zysk netto 4,40 mld. AI ci\u0105gnie wyniki, ale capex IV kw. 35\u201340 mld podbija stawk\u0119.\" \/>\n\t\t<script type=\"application\/ld+json\" class=\"aioseo-schema\">\n\t\t\t{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"BlogPosting\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/pl-eu\\\/analysis\\\/spacex-q3-earnings-beat-estimates-as-ai-revenue-surges\\\/#blogposting\",\"name\":\"Zyski SpaceX w III kw. przebi\\u0142y oczekiwania, a przychody z AI gwa\\u0142townie rosn\\u0105 - VT Markets\",\"headline\":\"Zyski SpaceX w III kw. przebi\\u0142y oczekiwania, a przychody z AI gwa\\u0142townie rosn\\u0105\",\"author\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/pl-eu\\\/author\\\/josephine\\\/#author\"},\"publisher\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/pl-eu\\\/#organization\"},\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/www.vtmarkets.com\\\/pl-eu\\\/wp-content\\\/uploads\\\/sites\\\/21\\\/2026\\\/10\\\/spcx.webp\",\"width\":1408,\"height\":768},\"datePublished\":\"2026-10-21T06:54:01+00:00\",\"dateModified\":\"2026-10-21T06:54:01+00:00\",\"inLanguage\":\"en-US\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/pl-eu\\\/analysis\\\/spacex-q3-earnings-beat-estimates-as-ai-revenue-surges\\\/#webpage\"},\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/pl-eu\\\/analysis\\\/spacex-q3-earnings-beat-estimates-as-ai-revenue-surges\\\/#webpage\"},\"articleSection\":\"Today's Analysis\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/pl-eu\\\/analysis\\\/spacex-q3-earnings-beat-estimates-as-ai-revenue-surges\\\/#breadcrumblist\",\"itemListElement\":[{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/pl-eu#listItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.vtmarkets.com\\\/pl-eu\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/pl-eu\\\/analysis\\\/#listItem\",\"name\":\"Today's Analysis\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/pl-eu\\\/analysis\\\/#listItem\",\"position\":2,\"name\":\"Today's Analysis\",\"item\":\"https:\\\/\\\/www.vtmarkets.com\\\/pl-eu\\\/analysis\\\/\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/pl-eu\\\/analysis\\\/spacex-q3-earnings-beat-estimates-as-ai-revenue-surges\\\/#listItem\",\"name\":\"Zyski SpaceX w III kw. przebi\\u0142y oczekiwania, a przychody z AI gwa\\u0142townie rosn\\u0105\"},\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/pl-eu#listItem\",\"name\":\"Home\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/pl-eu\\\/analysis\\\/spacex-q3-earnings-beat-estimates-as-ai-revenue-surges\\\/#listItem\",\"position\":3,\"name\":\"Zyski SpaceX w III kw. przebi\\u0142y oczekiwania, a przychody z AI gwa\\u0142townie rosn\\u0105\",\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/pl-eu\\\/analysis\\\/#listItem\",\"name\":\"Today's Analysis\"}}]},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/pl-eu\\\/#organization\",\"name\":\"VT Markets\",\"url\":\"https:\\\/\\\/www.vtmarkets.com\\\/pl-eu\\\/\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/pl-eu\\\/author\\\/josephine\\\/#author\",\"url\":\"https:\\\/\\\/www.vtmarkets.com\\\/pl-eu\\\/author\\\/josephine\\\/\",\"name\":\"josephine\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/pl-eu\\\/analysis\\\/spacex-q3-earnings-beat-estimates-as-ai-revenue-surges\\\/#authorImage\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/7809ddd0668c6cd297bde70914f1903a959aa8d1a194930855d6c5b37e53a6f0?s=96&d=mm&r=g\",\"width\":96,\"height\":96,\"caption\":\"josephine\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/pl-eu\\\/analysis\\\/spacex-q3-earnings-beat-estimates-as-ai-revenue-surges\\\/#webpage\",\"url\":\"https:\\\/\\\/www.vtmarkets.com\\\/pl-eu\\\/analysis\\\/spacex-q3-earnings-beat-estimates-as-ai-revenue-surges\\\/\",\"name\":\"Zyski SpaceX w III kw. przebi\\u0142y oczekiwania, a przychody z AI gwa\\u0142townie rosn\\u0105 - VT Markets\",\"description\":\"SpaceX zaskakuje rynki: przychody SPCX +161% rdr do 14,58 mld USD, EBITDA 8,81 mld i pierwszy zysk netto 4,40 mld. AI ci\\u0105gnie wyniki, ale capex IV kw. 35\\u201340 mld podbija stawk\\u0119.\",\"inLanguage\":\"en-US\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/pl-eu\\\/#website\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/pl-eu\\\/analysis\\\/spacex-q3-earnings-beat-estimates-as-ai-revenue-surges\\\/#breadcrumblist\"},\"author\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/pl-eu\\\/author\\\/josephine\\\/#author\"},\"creator\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/pl-eu\\\/author\\\/josephine\\\/#author\"},\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/www.vtmarkets.com\\\/pl-eu\\\/wp-content\\\/uploads\\\/sites\\\/21\\\/2026\\\/10\\\/spcx.webp\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/pl-eu\\\/analysis\\\/spacex-q3-earnings-beat-estimates-as-ai-revenue-surges\\\/#mainImage\",\"width\":1408,\"height\":768},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/pl-eu\\\/analysis\\\/spacex-q3-earnings-beat-estimates-as-ai-revenue-surges\\\/#mainImage\"},\"datePublished\":\"2026-10-21T06:54:01+00:00\",\"dateModified\":\"2026-10-21T06:54:01+00:00\"},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/pl-eu\\\/#website\",\"url\":\"https:\\\/\\\/www.vtmarkets.com\\\/pl-eu\\\/\",\"name\":\"VT Markets\",\"inLanguage\":\"en-US\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/pl-eu\\\/#organization\"}}]}\n\t\t<\/script>\n\t\t<!-- All in One SEO Pro -->\r\n\t\t<title>Zyski SpaceX w III kw. przebi\u0142y oczekiwania, a przychody z AI gwa\u0142townie rosn\u0105 - VT Markets<\/title>\n\n","aioseo_head_json":{"title":"Zyski SpaceX w III kw. przebi\u0142y oczekiwania, a przychody z AI gwa\u0142townie rosn\u0105 - VT Markets","description":"SpaceX zaskakuje rynki: przychody SPCX +161% rdr do 14,58 mld USD, EBITDA 8,81 mld i pierwszy zysk netto 4,40 mld. AI ci\u0105gnie wyniki, ale capex IV kw. 35\u201340 mld podbija stawk\u0119.","canonical_url":"https:\/\/www.vtmarkets.com\/pl-eu\/analysis\/spacex-q3-earnings-beat-estimates-as-ai-revenue-surges\/","robots":"max-snippet:-1, max-image-preview:large, max-video-preview:-1","keywords":"","webmasterTools":{"miscellaneous":""},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"BlogPosting","@id":"https:\/\/www.vtmarkets.com\/pl-eu\/analysis\/spacex-q3-earnings-beat-estimates-as-ai-revenue-surges\/#blogposting","name":"Zyski SpaceX w III kw. przebi\u0142y oczekiwania, a przychody z AI gwa\u0142townie rosn\u0105 - VT Markets","headline":"Zyski SpaceX w III kw. przebi\u0142y oczekiwania, a przychody z AI gwa\u0142townie rosn\u0105","author":{"@id":"https:\/\/www.vtmarkets.com\/pl-eu\/author\/josephine\/#author"},"publisher":{"@id":"https:\/\/www.vtmarkets.com\/pl-eu\/#organization"},"image":{"@type":"ImageObject","url":"https:\/\/www.vtmarkets.com\/pl-eu\/wp-content\/uploads\/sites\/21\/2026\/10\/spcx.webp","width":1408,"height":768},"datePublished":"2026-10-21T06:54:01+00:00","dateModified":"2026-10-21T06:54:01+00:00","inLanguage":"en-US","mainEntityOfPage":{"@id":"https:\/\/www.vtmarkets.com\/pl-eu\/analysis\/spacex-q3-earnings-beat-estimates-as-ai-revenue-surges\/#webpage"},"isPartOf":{"@id":"https:\/\/www.vtmarkets.com\/pl-eu\/analysis\/spacex-q3-earnings-beat-estimates-as-ai-revenue-surges\/#webpage"},"articleSection":"Today's Analysis"},{"@type":"BreadcrumbList","@id":"https:\/\/www.vtmarkets.com\/pl-eu\/analysis\/spacex-q3-earnings-beat-estimates-as-ai-revenue-surges\/#breadcrumblist","itemListElement":[{"@type":"ListItem","@id":"https:\/\/www.vtmarkets.com\/pl-eu#listItem","position":1,"name":"Home","item":"https:\/\/www.vtmarkets.com\/pl-eu","nextItem":{"@type":"ListItem","@id":"https:\/\/www.vtmarkets.com\/pl-eu\/analysis\/#listItem","name":"Today's Analysis"}},{"@type":"ListItem","@id":"https:\/\/www.vtmarkets.com\/pl-eu\/analysis\/#listItem","position":2,"name":"Today's Analysis","item":"https:\/\/www.vtmarkets.com\/pl-eu\/analysis\/","nextItem":{"@type":"ListItem","@id":"https:\/\/www.vtmarkets.com\/pl-eu\/analysis\/spacex-q3-earnings-beat-estimates-as-ai-revenue-surges\/#listItem","name":"Zyski SpaceX w III kw. przebi\u0142y oczekiwania, a przychody z AI gwa\u0142townie rosn\u0105"},"previousItem":{"@type":"ListItem","@id":"https:\/\/www.vtmarkets.com\/pl-eu#listItem","name":"Home"}},{"@type":"ListItem","@id":"https:\/\/www.vtmarkets.com\/pl-eu\/analysis\/spacex-q3-earnings-beat-estimates-as-ai-revenue-surges\/#listItem","position":3,"name":"Zyski SpaceX w III kw. przebi\u0142y oczekiwania, a przychody z AI gwa\u0142townie rosn\u0105","previousItem":{"@type":"ListItem","@id":"https:\/\/www.vtmarkets.com\/pl-eu\/analysis\/#listItem","name":"Today's Analysis"}}]},{"@type":"Organization","@id":"https:\/\/www.vtmarkets.com\/pl-eu\/#organization","name":"VT Markets","url":"https:\/\/www.vtmarkets.com\/pl-eu\/"},{"@type":"Person","@id":"https:\/\/www.vtmarkets.com\/pl-eu\/author\/josephine\/#author","url":"https:\/\/www.vtmarkets.com\/pl-eu\/author\/josephine\/","name":"josephine","image":{"@type":"ImageObject","@id":"https:\/\/www.vtmarkets.com\/pl-eu\/analysis\/spacex-q3-earnings-beat-estimates-as-ai-revenue-surges\/#authorImage","url":"https:\/\/secure.gravatar.com\/avatar\/7809ddd0668c6cd297bde70914f1903a959aa8d1a194930855d6c5b37e53a6f0?s=96&d=mm&r=g","width":96,"height":96,"caption":"josephine"}},{"@type":"WebPage","@id":"https:\/\/www.vtmarkets.com\/pl-eu\/analysis\/spacex-q3-earnings-beat-estimates-as-ai-revenue-surges\/#webpage","url":"https:\/\/www.vtmarkets.com\/pl-eu\/analysis\/spacex-q3-earnings-beat-estimates-as-ai-revenue-surges\/","name":"Zyski SpaceX w III kw. przebi\u0142y oczekiwania, a przychody z AI gwa\u0142townie rosn\u0105 - VT Markets","description":"SpaceX zaskakuje rynki: przychody SPCX +161% rdr do 14,58 mld USD, EBITDA 8,81 mld i pierwszy zysk netto 4,40 mld. AI ci\u0105gnie wyniki, ale capex IV kw. 35\u201340 mld podbija stawk\u0119.","inLanguage":"en-US","isPartOf":{"@id":"https:\/\/www.vtmarkets.com\/pl-eu\/#website"},"breadcrumb":{"@id":"https:\/\/www.vtmarkets.com\/pl-eu\/analysis\/spacex-q3-earnings-beat-estimates-as-ai-revenue-surges\/#breadcrumblist"},"author":{"@id":"https:\/\/www.vtmarkets.com\/pl-eu\/author\/josephine\/#author"},"creator":{"@id":"https:\/\/www.vtmarkets.com\/pl-eu\/author\/josephine\/#author"},"image":{"@type":"ImageObject","url":"https:\/\/www.vtmarkets.com\/pl-eu\/wp-content\/uploads\/sites\/21\/2026\/10\/spcx.webp","@id":"https:\/\/www.vtmarkets.com\/pl-eu\/analysis\/spacex-q3-earnings-beat-estimates-as-ai-revenue-surges\/#mainImage","width":1408,"height":768},"primaryImageOfPage":{"@id":"https:\/\/www.vtmarkets.com\/pl-eu\/analysis\/spacex-q3-earnings-beat-estimates-as-ai-revenue-surges\/#mainImage"},"datePublished":"2026-10-21T06:54:01+00:00","dateModified":"2026-10-21T06:54:01+00:00"},{"@type":"WebSite","@id":"https:\/\/www.vtmarkets.com\/pl-eu\/#website","url":"https:\/\/www.vtmarkets.com\/pl-eu\/","name":"VT Markets","inLanguage":"en-US","publisher":{"@id":"https:\/\/www.vtmarkets.com\/pl-eu\/#organization"}}]},"og:locale":"en_US","og:site_name":"VT Markets","og:type":"article","og:title":"Zyski SpaceX w III kw. przebi\u0142y oczekiwania, a przychody z AI gwa\u0142townie rosn\u0105 - VT Markets","og:description":"SpaceX zaskakuje rynki: przychody SPCX +161% rdr do 14,58 mld USD, EBITDA 8,81 mld i pierwszy zysk netto 4,40 mld. AI ci\u0105gnie wyniki, ale capex IV kw. 35\u201340 mld podbija stawk\u0119.","og:url":"https:\/\/www.vtmarkets.com\/pl-eu\/analysis\/spacex-q3-earnings-beat-estimates-as-ai-revenue-surges\/","article:published_time":"2026-10-21T06:54:01+00:00","article:modified_time":"2026-10-21T06:54:01+00:00","twitter:card":"summary_large_image","twitter:title":"Zyski SpaceX w III kw. przebi\u0142y oczekiwania, a przychody z AI gwa\u0142townie rosn\u0105 - VT Markets","twitter:description":"SpaceX zaskakuje rynki: przychody SPCX +161% rdr do 14,58 mld USD, EBITDA 8,81 mld i pierwszy zysk netto 4,40 mld. AI ci\u0105gnie wyniki, ale capex IV kw. 35\u201340 mld podbija stawk\u0119."},"aioseo_meta_data":{"post_id":"69821","title":null,"description":null,"keywords":null,"keyphrases":null,"primary_term":null,"canonical_url":null,"og_title":null,"og_description":null,"og_object_type":"default","og_image_type":"default","og_image_url":null,"og_image_width":null,"og_image_height":null,"og_image_custom_url":null,"og_image_custom_fields":null,"og_video":null,"og_custom_url":null,"og_article_section":null,"og_article_tags":null,"twitter_use_og":false,"twitter_card":"default","twitter_image_type":"default","twitter_image_url":null,"twitter_image_custom_url":null,"twitter_image_custom_fields":null,"twitter_title":null,"twitter_description":null,"schema":{"blockGraphs":[],"customGraphs":[],"default":{"data":{"Article":[],"Course":[],"Dataset":[],"FAQPage":[],"Movie":[],"Person":[],"Product":[],"ProductReview":[],"Car":[],"Recipe":[],"Service":[],"SoftwareApplication":[],"WebPage":[]},"graphName":"","isEnabled":true},"graphs":[]},"schema_type":"default","schema_type_options":null,"pillar_content":false,"robots_default":true,"robots_noindex":false,"robots_noarchive":false,"robots_nosnippet":false,"robots_nofollow":false,"robots_noimageindex":false,"robots_noodp":false,"robots_notranslate":false,"robots_max_snippet":null,"robots_max_videopreview":null,"robots_max_imagepreview":"large","priority":null,"frequency":null,"local_seo":null,"seo_analyzer_scan_date":"2026-10-21 06:55:43","breadcrumb_settings":null,"limit_modified_date":false,"open_ai":null,"ai":null,"created":"2026-10-21 06:54:02","updated":"2026-10-21 06:55:43","focus_keyword":null,"additional_keywords":null,"truseo_locale":null},"aioseo_breadcrumb":"<div class=\"aioseo-breadcrumbs\"><span class=\"aioseo-breadcrumb\">\n\t<a href=\"https:\/\/www.vtmarkets.com\/pl-eu\" title=\"Home\">Home<\/a>\n<\/span><span class=\"aioseo-breadcrumb-separator\">&raquo;<\/span><span class=\"aioseo-breadcrumb\">\n\t<a href=\"https:\/\/www.vtmarkets.com\/pl-eu\/analysis\/\" title=\"Today&apos;s Analysis\">Today's Analysis<\/a>\n<\/span><span class=\"aioseo-breadcrumb-separator\">&raquo;<\/span><span class=\"aioseo-breadcrumb\">\n\tZyski SpaceX w III kw. przebi\u0142y oczekiwania, a przychody z AI gwa\u0142townie rosn\u0105\n<\/span><\/div>","aioseo_breadcrumb_json":[{"label":"Home","link":"https:\/\/www.vtmarkets.com\/pl-eu"},{"label":"Today's Analysis","link":"https:\/\/www.vtmarkets.com\/pl-eu\/analysis\/"},{"label":"Zyski SpaceX w III kw. przebi\u0142y oczekiwania, a przychody z AI gwa\u0142townie rosn\u0105","link":"https:\/\/www.vtmarkets.com\/pl-eu\/analysis\/spacex-q3-earnings-beat-estimates-as-ai-revenue-surges\/"}],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/pl-eu\/wp-json\/wp\/v2\/posts\/69821","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/pl-eu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/pl-eu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/pl-eu\/wp-json\/wp\/v2\/users\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/pl-eu\/wp-json\/wp\/v2\/comments?post=69821"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/pl-eu\/wp-json\/wp\/v2\/posts\/69821\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/pl-eu\/wp-json\/wp\/v2\/media\/69820"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/pl-eu\/wp-json\/wp\/v2\/media?parent=69821"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/pl-eu\/wp-json\/wp\/v2\/categories?post=69821"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/pl-eu\/wp-json\/wp\/v2\/tags?post=69821"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}