TSLA · 10-Q · 2026Q3 · Full report

SpaceX Equity Investment

Tesla, Inc. · 2026-10-22 · Importance 52 · Surprise 42

Tesla invested $2.00 billion in SpaceX common stock during the nine months ended September 30, 2026. The investment was entered into in March 2026 and is recorded as a related-party equity investment. Mark-to-market adjustments on the SpaceX investment contributed to an unfavorable $235 million year-to-date change in other income, net, together with bitcoin and foreign-currency adjustments. The investment reduced available investing cash during a period when capital expenditures increased to $13.01 billion.

Key facts

• Tesla entered into the SpaceX equity investment in March 2026. source
• Tesla invested $2.00 billion in SpaceX common stock during the nine months ended September 30, 2026. source
• Tesla's other (expense) income, net unfavorably changed by $89 million in the three months ended September 30, 2026 and by $235 million in the nine months ended September 30, 2026, primarily due to mark-to-market adjustments on the SpaceX equity investment and adjustments on bitcoin digital assets. source