SpaceX Says Deal To Acquire FCC Licenses Related To 800 MHz Spectrum Expected To Close In H1 Of 2027; Q3 Connectivity Segment Revenue $5.25B; As Of September 30, Reached 13.6M Starlink Consumer Subscribers; Q3 Income From Operations For Connectivity Segment $2.4B

Connectivity revenues were $5.2 billion, up22% sequentially and 69% year-over-year, driven by an increase in consumer

revenues up26% sequentially and 57% year-over-year, and enterprise & government revenues up18% sequentially and 91%

year-over-year

•Drove income from operations for the Connectivity segment up99% year-over-year to $2.4 billion, and improved

Connectivity Adjusted EBITDA by 82% year-over-year to $3.5 billion

•As of September 30, 2026, reached 13.6million Starlink consumer subscribers,up1.6 millionsequentially driven by growth

in developed markets, and have hundreds of thousands of additional enterprise subscribers. Starlink consumer monthly

ARPU improved 5%sequentially to $69

•Activated Starlink across existing and new aviation partnerships, reaching over 3,800aircraft equipped with Starlink as of

September 30, 2026

•Total costs and expenses for the Connectivity segment were up$974 million year-over-year, driven primarily by our growing

satellite constellation, Starlink Kit deliveries, and marketing initiatives to support revenue growth

•Subsequent to the third quarter, entered into an agreement to acquire FCC licenses related to 800 MHz spectrum to advance

our Starlink Mobile strategy. The transaction is expected to close in the first half of 2027, subject to regulatory and other

customary closing conditions