The space and AI company reported revenue of $14.58 billion for the previous quarter, up 161 percent year over year. Analysts had expected revenue of $12.7 billion, according to CNBC.
SpaceX also reported its first quarterly profit as a public company: $4.4 billion, or 35 cents per share. That was significantly higher than the average analyst estimate of $1.88 billion, according to Bloomberg.
The stock was up more than 4 percent just over an hour into after-hours trading.
SpaceX is more than just a space company. Its largest segment is called AI - or rather, SI ("superintelligence") - and generated revenue of $7.56 billion. Operating income was $431 million, an improvement on a loss of $1.7 billion a year earlier.
Previously, the company's satellite and communications services, which include Starlink, were its largest segment. They brought in $5.25 billion, still up 69 percent from a year earlier. The segment remains the most profitable.
In the space segment, which includes rocket launches, total costs increased by $367 million compared with the previous year.
This is SpaceX's second quarterly report since its record-breaking IPO in June. When the company went public on Wall Street, the listing price was $135 per share. At Tuesday's close, the price was $147.79.
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